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Höegh LNG : Mandatory Notification of Trade

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Höegh LNG Holdings Ltd. ("Höegh LNG", ticker "HLNG") advises that the primary insiders/related party of primary insider listed below have subscribed for and been allocated a number of common units in a directed units programme launched by Höegh LNG Partners LP, a company in the Höegh LNG group, at a price of USD 20 per common unit on 7 August 2014.

The common units of Höegh LNG Partners LP was listed on New York Stock Exchange 7 August 2014 under ticker "HMLP".

The following primary insiders/related party of primary insider have subscribed for and been allocated common units in HMLP as further set out below: 

  1. DWW Landbrug ApS, a company controlled by Ditlev Wedell-Wedellsborg, Director, subscribed for 10,000 common units. After the transaction Mr Wedell-Wedellsborg owns 3,602 shares in Höegh LNG. In addition, Mr Wedell-Wedellsborg owns 8,800 shares in Höegh LNG through Niki Invest Aps and 10,000 common units in HMLP through DWW Landbrug ApS.
     
  2. Sveinung Støhle, President and CEO, subscribed for 3,500 common units. After the transaction Mr Støhle owns 10,946 shares and 500,000 options in Höegh LNG and 3,500 common units in HMLP.
     
  3. Steffen Føreid, CFO, subscribed for 3,500 common units. After the transaction Mr Føreid owns 414 shares and 200,000 options in Höegh LNG and 3,500 common units in HMLP.
     
  4. Ragnar Wisløff, CCO, subscribed for 4,000 common units. After the transaction Mr Wisløff owns 2,625 shares and 170,000 options in Höegh LNG and 5,000 common units in HMLP.
     
  5. Stephan Tschudi-Madsen, CAO, subscribed for 5,000 common units. After the transaction Mr Tschudi-Madsen owns 2,276 shares and 170,000 options in Höegh LNG and 5,000 common units in HMLP.
     
  6. Rachel Brask-Tyrrell, related party of Richard Tyrrell, primary insider, subscribed for 5,000 common units. After the transaction Mr Tyrrell owns 100,000 options in Höegh LNG and Ms Brask-Tyrrell owns 5,000 common units in HMLP.
     
  7. Carlo Ravizza, Board Observer, subscribed for 500 common units. After the transaction Mr Ravizza owns 500 common units in HMLP.
     
  8. 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, both primary insiders, subscribed for 287,500 common units.  After the transaction Leif Höegh & Co. Ltd. owns 31,027,210 shares in Höegh LNG, representing 44.4% of the shares in Höegh LNG, and 287,500 common units in HMLP.
     
  9. Aequitas Investments Limited, which is indirectly controlled by Leif O. Høegh and a family trust under which Morten W. Høegh is the primary beneficiary, both primary insiders, subscribed for 65,000 common units. After the transaction Aequitas Investments Limited owns 65,000 common units in HMLP. In addition, Aequitas Investments Limited has ownership in Höegh LNG through its ownership in Leif Höegh & Co. Ltd., Brompton Cross IV Limited, Brompton Cross V Limited, Brompton Cross VI Limited and Brompton Cross VII Limited.

In addition, Sveinung Støhle, Steffen Føreid, Ragnar Wisløff and Stephan Tschudi-Madsen have ownership interests in Höegh LNG through Methane Ventures Limited.

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 four floating storage and regasification units (FSRUs) that act as floating LNG import terminals, and four LNG transportation vessels. In addition, Höegh LNG has two 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 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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