Höegh LNG: Mandatory notification of trade

Hamilton, Bermuda, 3 September 2020 - Issuance of common units in Höegh LNG Partners LP to Primary Insiders of Höegh LNG Holdings Ltd.

Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Company") advises that the Board of Directors of Höegh LNG Partners LP ("HMLP") approved 3 September 2020 to issue 3,882 common units in HMLP to Andrew Jamieson, primary insider of the Company, as part remuneration for services rendered by him as director of HMLP for the period from June 2019 to September 2020.

The number of common units issued constitutes a remuneration of USD 40,600, based on the average closing price of the HMLP unit over the last five trading leading up to 3 September 2020 of USD 10.46

The total ownership interests in Höegh LNG and HMLP subject to disclosure requirements held by the primary insiders following the above transactions are as follows:

• Andrew Jamieson (12,419 common units in HMLP and 25,562 shares in the Company).

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Contacts: 

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402 
Håvard Furu, Chief Financial Officer, Telephone +47 991 23 443
Knut Johan Arnholdt, VP IR and Strategy, Telephone +47 922 59 131

About Höegh LNG: 

Höegh LNG operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs). Höegh LNG's vision is to be the industry leader of floating LNG solutions. Its strategy is to develop the business through an extended service offering, with large-scale FSRUs as the main product, and focus on establishing long-term contracts with attractive risk-adjusted returns involving credible counterparts. The company is publicly listed on the Oslo stock exchange under the ticker HLNG, and owns approximately 46% of Höegh LNG Partners LP (NYSE:HMLP). Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, China, Indonesia, Lithuania, Egypt, Colombia and the Philippines. The group employs approximately 175 office staff and 600 seafarers.