Hexagon Composites ASA : Mandatory notification of trade
On 27 November 2013, Flakk Holding AS sold 6,000,000 shares in Hexagon Composites ASA at a price of NOK 24.50 per share. Flakk Holding AS simultaneously entered into a forward contract to buy back 6,000,000 shares at a pre-defined future date. The forward contract expired on 20 August 2015, and consequently, Flakk Holding AS has today acquired 6,000,000 shares, the price of which, pursuant to the forward contract, is NOK 26.1354 per share.
Flakk Holding AS is a company controlled by Mr. Knut Flakk, Chairman of Hexagon Composites ASA. After the transaction, Knut Flakk and his close associates, including Flakk Holding AS, hold 44,429,038 shares in Hexagon Composites ASA.
For more information:
Flakk Holding AS, by Knut Flakk
Telephone: +47 997 46 000 | knut.flakk@flakk.no