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Höegh LNG : Mandatory Notification of Trade

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Leif Höegh & Co. Ltd., which is represented on the board of directors of Höegh LNG Holdings Ltd. ("Höegh LNG" or "Company") due to its ownership stake by Morten W. Høegh (Chairman) and Leif O. Høegh (Deputy Chairman), advises that Brompton Cross IV Limited sold 28,500 common shares in the Company to Brompton Cross VIII Limited 23 July 2015 at a price of NOK 129.50 per share. Both Brompton Cross IV Limited and Brompton Cross VIII Limited are co-investment vehicles for management of Höegh Capital Partners, indirectly controlled by Leif O. Høegh and a family trust under which Morten W. Høegh is a primary beneficiary
  
Following the transaction, Brompton Cross co-investment vehicles hold the following number of shares in the Company:

  • Brompton Cross V Limited 28,500 shares, representing 0.04% of the shares in issue.
  • Brompton Cross VI Limited 31,916 shares, representing 0.05% of the shares in issue.
  • Brompton Cross VII Limited 40,800 shares, representing 0.06%of the shares in issue.
  • Brompton Cross VIII Limited 28,500 shares, representing 0.04% of the shares in issue.

Leif Höegh & Co. Ltd., which is indirectly controlled by Leif O. Høegh and a family trust under which Morten W. Høegh is the primary beneficiary, holds a total of 31,174,789 shares, representing 44.60% of the shares in the Company and 287,500 common units in Höegh LNG Partners LP. In addition, Leif O. Høegh and Morten W. Høegh each holds 4,356 shares personally.

Aequitas Investments Limited, which is indirectly controlled by Leif O. Høegh and a family trust under which Morten W. Høegh is the primary beneficiary, holds 65,000 common units in Höegh LNG Partners LP. In addition, Aequitas Investments Limited has ownership in the Company through its ownership in Leif Höegh & Co. Ltd., Brompton Cross V Limited, Brompton Cross VI Limited, Brompton Cross VI Limited, Brompton Cross VII Limited and Brompton Cross VIII Limited.

The percentages have been calculated based on a total of 69,902,597 shares in issue.

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). The Company has developed low-cost solutions for floating liquefaction terminals (FLNG) 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 on the FSRU and the FLNG market, with the objective of securing long-term contracts with strong counterparts at attractive returns. Höegh LNG is a Bermuda based company with established presence in Oslo, Singapore, London, Miami, Jakarta, Klaipeda and Cairo. The company employs approximately 95 office staff and 500 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

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