Flex Lng Ltd. Files Registration Statement for Proposed Public Listing on the NYSE


HAMILTON, Bermuda, May 07, 2019 (GLOBE NEWSWIRE) -- FLEX LNG Ltd. (“FLEX LNG” or the “Company”) announced today that it has publicly filed a registration statement on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed listing of its ordinary shares on the New York Stock Exchange (the “NYSE”). No new securities will be issued in connection with the listing, which is expected to commence after the SEC completes its review process. Following the listing, the Company’s ordinary shares will be listed for trading on both the NYSE and the Oslo Stock Exchange.

A registration statement on Form 20-F relating to the Company’s ordinary shares was filed with the SEC, but has not yet become effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, including those covered by the registration statement, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Following the listing, the Company’s ordinary shares will be listed for trading on both the NYSE and the Oslo Stock Exchange under the ticker FLNG.

About FLEX LNG Ltd.

FLEX LNG is a shipping company focused on the growing market for the transportation of liquefied natural gas (LNG). Its fleet consists of thirteen modern LNG ships, four existing and nine under construction for delivery throughout 2019-2021. All of our LNG carriers are equipped with slow speed, two-stroke engines MEGI or X-DF propulsion which provide charterers with state of the art tonnage, offering significant advantages in the form of reduced fuel consumption and lower boil off rates. 

Forward Looking Statements

Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believes", "expects", "intends", "plans", "estimates" and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release, including assumptions, opinions and views of the Company or cited from third-party sources, are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. The Company does not provide any assurance that the assumptions underlying such forward-looking statements are free from errors, nor does the Company accept any responsibility for the future accuracy of the opinions expressed in the presentation or the actual occurrence of the forecasted developments. The Company assumes no obligation to update any forward-looking statements or to conform these forward-looking statements to actual results.

For further information, please contact:

Øystein M. Kalleklev,
Chief Executive Officer
Flex LNG Management AS
Telephone: +47 23 11 40 00
E-Mail: IR@flexlng.com