Höegh LNG: Mandatory notification of trade

Hamilton, Bermuda, 30 December 2020 – Höegh LNG Holdings Ltd. ("Höegh LNG") advises that Richard Tyrrell, Chief Development Officer and primary insider, on Tuesday 29 December 2020 sold 6,627 common units in Höegh LNG Partners LP (“HMLP”) at a unit price of USD 14.03.

Following the above transaction, Richard Tyrrell owns 21,715 shares and 109,400 Stock Options in Höegh LNG and 7,862 Phantom Units in HMLP.

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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.