FSL Trust Management Pte. Ltd. (FSLTM), the Trustee-Manager of First Ship Lease Trust (“FSL Trust” or the “Trust”), announces the acquisition of 2.7 million units in FSL Trust at S$0.11 per unit to increase its stake to 6,122,100 units or 0.94% of the ordinary voting units in issue.

Further, FSLTM refers to the announcement on 11 April 2014, on the election of Tim Reid as Chairman of the Board of Directors (“Board”) and Simon Davidson as Deputy Chairman of the Board of Directors. Simon Davidson will be taking up the role of Lead Independent Director concurrent with his election as Deputy Chairman.

Tags: FSL Trust Management Pte. Ltd.