Kodi 17.1 starts flickering and freezes after 1 minute

Hi,
I upgraded Kodi to 17.1 and noticed that after starting up Kodi, it starts flickering and freezes up to a point that I have to terminate it from the TaskManager.

I uninstalled it and deleted my profile folder and re-installed it without any add-ons and the problem still persists.

My laptop is Intel i7-6500U, Win10, 16Gb Mem and AMD Radeon R5 M335. I connect an LG LED 27M45 with my laptop via HDMI cable.

I enabled logging and reproduced the problem, the log file can be obtained from here.

What do you think might be the problem?

Regards,
chris