Fredriksen John Form 3 KLX Energy Services / John Fredriksen ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Geveran Investments Ltd

(Last) (First) (Middle)

(SEE REMARKS)

(Street)

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/28/2020

3. Issuer Name and Ticker or Trading Symbol
KLX Energy Services Holdings, Inc. [ KLXE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
See Remarks

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common stock	446,000	I	See Footnotes(1)(2)(4)
Common stock	193,800	I	See Footnotes(1)(3)(4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Geveran Investments Ltd

(Last) (First) (Middle)

(SEE REMARKS)

(Street)

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Famatown Finance Ltd

(Last) (First) (Middle)

(SEE REMARKS)

(Street)

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

GREENWICH HOLDINGS LTD.

(Last) (First) (Middle)

(SEE REMARKS)

(Street)

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

C.K. Ltd

(Last) (First) (Middle)

(SEE REMARKS)

(Street)

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Fredriksen John

(Last) (First) (Middle)

(SEE REMARKS)

(Street)

(City) (State) (Zip)

Explanation of Responses:

1. The reporting persons acquired these securities upon the closing of the transactions contemplated by the Agreement and Plan of Merger dated as of May 3, 2020, by and among the Issuer, Quintana Energy Services Inc., Krypton Intermediate LLC, and Krypton Merger Sub Inc.

2. These shares are directly held by Geveran Investments Limited.

3. These shares are directly held by Famatown Finance Limited.

4. Famatown Finance Limited and Geveran Investments Limited are wholly-owned subsidiaries of Greenwich Holdings Limited. C.K. Limited is the trustee of various trusts established by John Fredriksen for the benefit of his immediate family members, which trusts are the sole shareholders of Greenwich Holdings Limited. Greenwich Holdings Limited, C.K. Limited and Mr. Fredriksen may be deemed to beneficially own the shares held by Geveran Investments Limited and Famatown Finance Limited.

Remarks:

While the reporting persons do not concede that they are directors by deputization, each of the reporting persons may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Mr. Gunnar Eliassen, a director of the Issuer, is a partner of Seatankers Services (UK) LLP and may be deemed to be related to the reporting persons. Each reporting person disclaims beneficial ownership of all the shares reported in this Form 3 except to the extent of such reporting person's respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. The address for the reporting persons other than Mr. Fredriksen is Deana Beach Apartments Block 1, 4th Floor, Promachon Eleftherias Street Agios Athanasios, Limassol 4103, Cyprus. The address for Mr. Fredriksen is c/o Seatankers Consultancy Services (UK) Limited, 15 Sloane Square, London SW1W 8ER, United Kingdom.

	/s/ Spyros Episkopou, Director for Geveran Investments Limited	08/05/2020
	/s/ Spyros Episkopou, Director for Famatown Finance Limited	08/05/2020
	/s/ Spyros Episkopou, Director for Greenwich Holdings Limited	08/05/2020
	/s/ Spyros Episkopou, Director for C.K. Limited	08/05/2020
	/s/ John Fredriksen	08/05/2020
	** Signature of Reporting Person	Date
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