Höegh LNG - Mandatory Notification of Trade
Leif Höegh & Co. Ltd., which is represented on the board of directors of Höegh LNG Holdings Ltd. ("Höegh LNG" or "Company") by Morten W. Høegh (Chairman) and Leif O. Høegh (Deputy Chairman), advises that Brompton Cross VII Limited, a co-investment vehicle 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, purchased 13,800 common shares in the Company in a series of transactions 4 February 2015 at an average price of NOK 81.3727 per share.
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. In addition, Leif O. Høegh and Morten W. Høegh each holds 3,602 shares personally.
Following the transaction, Brompton Cross co-investment vehicles hold the following number of shares in the Company:
Brompton Cross IV Limited 28,500 shares, representing 0.04% of the shares in issue.
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.
The percentages have been calculated based on a total of 69,898,827 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 leading provider 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 and Klaipeda. 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