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Flex LNG (Oslo: FLNG) – contemplated USD 300m private placement

By clicking the "SHOW DOCUMENTS" button below, you confirm: I am/represent a Qualified Institutional Buyer (QIB) or I am not a resident of the United States. Also please refer to important "Selling and Transfer Restrictions" in the enclosed Application Agreement, including additional representations and warranties required for U.S. persons or for applicants acquiring offer shares/bonds in the United States.

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CONFIDENTIAL - FOR RECIPIENT USE ONLY 
REDISTRIBUTION IS PROHIBITED

Fearnley Securities is engaged as manager for a contemplated private placement of shares for Flex LNG (Oslo: FLNG), as announced today. The placement commences immediately and will close no later than 8:00 CET tomorrow. Proceeds will be applied primarily towards acquisition of 5 LNG newbuildings. The placement is fully guaranteed by the company’s largest shareholder Geveran, which will be allocated a minimum of USD 100m. Documents in respect of the transaction are available through the links set out below.




IMPORTANT LEGAL NOTICES

*** NOT FOR DISTRIBUTION IN THE UNITED STATES (EXCEPT IN CERTAIN CIRCUMSTANCES TO QUALIFIED INSTITUTIONAL BUYERS, AS DEFINED IN RULE 144A UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR TO "MAJOR U.S. INSTITUTIONAL INVESTORS " AS DEFINED IN RULE 15a-6 UNDER THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934), IN CANADA (EXCEPT IN CERTAIN CIRCUMSTANCES TO "ACCREDITED INVESTORS" WITHIN THE MEANING OF NATIONAL INSTRUMENT 45-106 -- PROSPECTUS AND REGISTRATION EXEMPTIONS AND "PERMITTED CLIENTS" WITHIN THE MEANING OF NATIONAL INSTRUMENT 31-103 -- REGISTRATION REQUIREMENTS AND EXEMPTIONS), IN AUSTRALIA OR IN JAPAN ***
This announcement is provided for summary purposes only, does not purport to be complete, and must be considered solely in the context of review of all of the transactional documents relating to it, which are available through the provided links or upon request to Fearnley Securities. This announcement is not, and may not be construed as, advice or a recommendation to any investor or potential investor in relation to holding, purchasing or selling any security or other financial products or instruments and it does not take into account any particular investment objective, financial situation or need.

No public solicitations relating to a possible transaction in connection with this e-mail or the attached documents are being made or will be made, directly or indirectly, in the United States, Canada, Australia or Japan. Any securities that may be delivered in connection with the attached documents will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from registration requirements.

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