HAMILTON, Bermuda, May 21, 2025 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the three months ended March 31, 2025.

Highlights:

Vessel operating revenues of $88.4 million for the first quarter 2025, compared to $90.9 million for the fourth quarter 2024.Net income of $18.7 million and basic earnings per share of $0.35 for the first quarter 2025, compared to net income of $45.2 million and basic earnings per share of $0.84 for the fourth quarter 2024.Average Time Charter Equivalent ("TCE") rate of $73,891 per day for the first quarter 2025, compared to $75,319 per day for the fourth quarter 2024.Adjusted EBITDA of $65.6 million for the first quarter 2025, compared to $68.7 million for the fourth quarter 2024.Adjusted net income of $29.4 million for the first quarter 2025, compared to $30.8 million for the fourth quarter 2024.Adjusted basic earnings per share of $0.54 for the first quarter 2025, compared to $0.57 for the fourth quarter 2024.In March 2025, Flex Constellation was re-delivered from the existing time charter contract and was employed in the short-term market, until the commencement of a 15-year time charter contract during the first or second quarter of 2026.In April 2025, the charterer of Flex Artemis elected not to exercise the option under the time charter. The vessel is expected to be re-delivered from the original 5-year variable hire contract in the third quarter of 2025. Following the re-delivery, Flex Artemis will perform her scheduled dry-docking and subsequently will be marketed for short and long-term contracts.In May 2025, we received a credit approved term sheet for a $175.0 million, 10-year sale and leaseback with an Asian-based lease provider for Flex Courageous. The refinancing will repay the outstanding amount relevant to Flex Courageous, under the $330 Million Sale and Leaseback.In May 2025, the Company announces that it has initiated the process of refinancing the vessels Flex Resolute and Flex Constellation, aiming to free up liquidity, reduce the cost of debt and extend the debt maturities. The Company aims to secure commitments and conclude the new financings during the second half of 2025In May 2025, at the 2025 Annual General Meeting of Shareholders (AGM), the Company's shareholders approved the delisting of the Company's common shares from the Oslo Stock Exchange (OSE) and authorised the Board of Directors to take steps to implement the delisting including filing an application to the OSE on behalf of the Company.In May 2025, the Company published its ESG report for 2024, its seventh comprehensive and stand-alone sustainability report, which provides an opportunity to reflect on the Company's ESG journey thus far.The Company declared a dividend for the first quarter 2025 of $0.75 per share. The dividend is payable on or about June 20, 2025 to shareholders, on record as of June 6, 2025.

HAMILTON, Bermuda, May 21, 2025 /PRNewswire/ -- Please find enclosed the presentation of Flex LNG Ltd.'s first quarter 2025 results which will be presented in a live video webcast today at 15:00 CEST (09:00 a.m. EST).

In order to watch the webcast, use the following link:

First Quarter 2025 Earnings Presentation 

A Q&A session will be held after the webcast. Information on how to submit questions will be given at the beginning of the session.

The first quarter 2025 presentation can also be accessed on our website www.flexlng.com  

HAMILTON, Bermuda, May 21, 2025 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. (the "Company") for the first quarter 2025. The distribution will be made from the Company's Contributed Surplus Account.

Please note that from May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock Exchange ("NYSE") will be shortened from T+2 to T+1 (of which T equals trading date), while the Oslo Stock Exchange ("OSE") will continue to settle its trades on a T+2 basis.

HAMILTON, Bermuda, May 9, 2025 /PRNewswire/ -- FLEX LNG LTD. (the "Company") advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 14:00 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended 31 December 2024 were presented to the Meeting.

In addition, the following resolutions were passed:

To set the maximum number of Directors to be not more than eight.To resolve that vacancies in the number of Directors be designated as casual vacancies and that the Board of Directors be authorised to fill such vacancies as and when it deems fit.To re-elect Ola Lorentzon as a Director of the Company.To re-elect Nikolai Grigoriev as a Director of the Company.To re-elect Steen Jakobsen as a Director of the Company.To re-elect Susan Sakmar as a Director of the Company.To elect Mikkel Storm Weum as a Director of the Company.To re-appoint Ernst & Young AS of Oslo, Norway, as auditor and to authorize the Directors to determine their remuneration.To approve remuneration of the Company's Board of Directors of a total amount of fees not to exceed US$500,000 for the year ended December 31, 2025.Reduction of share premium account.To approve the delisting of the Company's common shares from the Oslo Stock Exchange and to authorize the Board of Directors to take steps to implement the delisting including filing an application to the Oslo Stock Exchange on behalf of the Company.

HAMILTON, Bermuda, May 7, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG" or the "Company") will release its unaudited financial results for the first quarter of 2025 on Wednesday May 21, 2025, on or about 07:00 CEST (1:00 a.m. EST).

In connection with the earnings release, a live video webcast will be held at 15:00 CEST (9:00 a.m. EST) on the same day. In order to attend, use the following link to register and watch the webcast:

Link to register and watch webcast 

We encourage listeners to register for the webcast 5-10 minutes prior to start. A Q&A session will be held after the presentation. Information on how to submit questions will be given at the beginning of the presentation. You can also submit questions by sending an email to ir@flexlng.com.

HAMILTON, Bermuda, April 17, 2025 /PRNewswire/ -- Flex LNG Ltd. (the "Company") has received a notification of transaction from Susan Sakmar, Director and primary insider in the Company, as further set out in the attached form of notification.

This notification has been publicly disclosed in accordance with Article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/flex-lng/r/flex-lng---mandatory-notification-of-transaction-by-primary-insider,c4137868

HAMILTON, Bermuda, April 10, 2025 /PRNewswire/ -- FLEX LNG LTD. (the 'Company') announces that its 2025 Annual General Meeting will be held on May 8, 2025. A copy of the Notice of Annual General Meeting and associated information including the Company's 2024 Annual Report on Form 20-F can be found attached and on our website at www.flexlng.com.

The Board of DirectorsFLEX LNG LTD.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

HAMILTON, Bermuda, March 31, 2025 /PRNewswire/ -- FLEX LNG Ltd (the "Company") (NYSE: FLNG) (OSE: FLNG) advises that the 2025 Annual General Meeting of the Company will be held on 8 May 2025. The record date for voting at the Annual General Meeting is set to 1 April 2025. A copy of the Notice of Annual General Meeting and associated information, including the Company's Annual Report on Form 20-F, will be distributed and made available on the Company's website at www.flexlng.com prior to the meeting.

HAMILTON, Bermuda, March 6, 2025 /PRNewswire/ -- Flex LNG Ltd ("Flex LNG") (NYSE: FLNG) (OSE: FLNG) participated in one-on-one investor meetings at the Deutsche Bank 2025 Virtual Shipping Seminar this week, and will host additional investor meetings at DNB's Energy & Shipping Conference 2025 today. The presentation used is attached hereto and is also available on our web page.

For further information, please contact:Mr. Knut Traaholt, Chief Financial Officer of Flex LNG Management ASTelephone: +47 23 11 40 00Email: ir@flexlng.com 

HAMILTON, Bermuda, Feb. 28, 2025 /PRNewswire/ -- Flex LNG Ltd (the "Company") announces that its annual report on Form 20-F for the year ended December 31, 2024 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission (the "Commission").

The attached Annual Report can also be downloaded from the Company's website, www.flexlng.com/category/annual-reports/ and is available on the website of the Commission, www.sec.gov.  Additionally, shareholders can request a hard copy of our complete audited financial statements free of charge by writing us at: