Fredriksen’sGeveran Trading has snapped up 12.67 million shares in the Oslo-quoted companyto take its holding to 16.1%.
Theshares, bought at NOK 6 ($0.99) apiece, have been purchased eight months afterFredriksen took an interest in Flex.
Flexcontrols two newbuildings at Samsung Heavy Industries, which analysts haveidentified as the cheapest LNG ships in the market.
Flexrecently secured funding for the vessels up until delivery and is mulling itsstrategic options once the newbuildings hit the water.
