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Hexagon Composites ASA : Mandatory notification of trade

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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 the same shares on 27 May 2014. On 27 May 2014 the forward contract was extended to 5 September 2014, at a forward price NOK 25.237.

The same forward contract has today been extended to 20 February 2015 at a forward price of NOK 25.687 per share.

Flakk Holding AS is a company controlled by the Chairman of Hexagon Composites ASA, Mr. Knut Flakk. After the sale, Flakk Holding Group holds 40,115,988 shares which constitutes 30.10% of the shares, but retains exposure to the same number of shares as before the transaction, namely 46,115,988 shares equal to 34.60% of the shares in Hexagon Composites ASA.


For more information:
Flakk Holding AS, by Knut Flakk
Telephone: +47 997 46 000 | knut.flakk@flakk.no

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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