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Posted by
Two Blokes Jun 24 -
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Stock
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HAMILTON, Bermuda , June 24, 2025 /PRNewswire/ -- The Board of Directors of Flex LNG Ltd ("Flex LNG" or the "Company") has approved a long-term incentive plan (the "LTIP") and hereby announces that up to 187,142 synthetic options have today been granted to management and employees of the Company. The synthetic options will have a five-year term expiring June 24, 2030, and will vest over a three-year vesting period as follows: * 1/3 of the synthetic options will vest on June 24, 2026 * 1/3 of the synthetic options will vest on June 24, 2027 * 1/3 of the synthetic options will vest on June 24, 2028 The exercise price of the synthetic options is USD 23.75.
