Höegh LNG : Mandatory Notification of Trade
Hamilton, Bermuda, 24 April 2018 - Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Company") advises that primary insider Ragnar Wisløff, Chief Development Officer, transferred 23,934 shares in the Company and 5,178 common units in Höegh LNG Partners LP ("HMLP") on 23 April 2018 to his wholly owned company, Fri Agenda AS. The transfer price was NOK 49.50 per share in the Company and USD 17.85 per common unit in HMLP.
The total ownership interests subject to disclosure requirements held by Wisløff following the above transaction are 165,600 options in Höegh LNG and 1,514 common units and 2,667 phantom units in HMLP. In addition, Wisløff owns 23,934 shares in Höegh LNG and 5,178 common units in HMLP through his wholly owned company Fri Agenda AS.
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About Höegh LNG:
Höegh LNG provides floating energy solutions and 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 and the strategy is to continue to focus its growth plans in the FSRU market, with the objective of securing long-term contracts with strong counterparties at attractive returns. Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, South Korea, Indonesia, Lithuania, Egypt, Colombia and Turkey. The company employs approximately 125 office staff and 500 seafarers.
Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Steffen Føreid, Chief Financial Officer, Telephone +47 975 57 406
Erik Folkeson, Head of IR, Telephone +47 414 21 769
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.