Höegh LNG : Management Stock Options Issued - Mandatory notification of trade

Reference is made to stock exchange notice dated 4 February 2014 where Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Company") announced the introduction of a Round 2 of its Stock Option Program for senior management and key employees.

The Board of Directors of Höegh LNG has approved granting 100,000 stock options to Richard Tyrrell, who is a member of Höegh LNG's senior management. The strike price is NOK 47 per share. The options are non-tradable and conditional upon the participant being employed by Höegh LNG or its subsidiaries at the vesting date.

In the stock exchange notice dated 4 February 2014, the vesting dates were referred to as 31 December 2014, 2015 and 2016, respectively. However, all options granted in Round 2, including the 100,000 options now granted, will vest with one third on 31 December 2015, 2016 and 2017, respectively.

About Höegh LNG

Höegh LNG is a provider of floating LNG infrastructure services, offering regasification, transportation and production services under long-term contracts.  The company operates a fleet of two floating storage and regasification units (FSRUs) which act as floating LNG import terminals, and four LNG transportation vessels. In addition, Höegh LNG has four new FSRUs on order and has developed a solution for floating LNG production (FLNG).  Höegh LNG is a Bermuda based company with established presence in Oslo, Singapore, London, Tampa and Jakarta.  The company employs about 85 office staff and 350 seafarers.

Contacts:

Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone + 47 975 57 406
Birgitte Hjertum, VP Strategy and Investor Relations, Telephone +47 975 57 432

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act or the Continuing Obligations of Oslo Børs.