Höegh LNG - MANDATORY NOTIFICATION OF TRADE
Reference is made to stock exchange notice 4 October 2013 whereby Höegh LNG Holdings Ltd. ("Höegh LNG" or "Company") advised that Brompton Cross VI Limited, which is a co-investment vehicle for Management in Höegh Capital Partners, indirectly controlled by Leif O. Høegh and a family trust under which Morten W. Høegh is the primary beneficiary, both primary insiders, purchased common shares in Höegh LNG on Oslo Børs.
Brompton Cross VI Limited made further purchases of 1,000 common shares in Höegh LNG at a price of NOK 47.1 per share 8 October at 12:17 p.m. on Oslo Børs.
Following the above transaction, Brompton Cross VI Limited holds 31,916 shares in Höegh LNG, representing 0.05% of the shares in issue. The percentage has been calculated based on a total of 69,893,055 shares in issue.
Morten W. Høegh and Leif O. Høegh each owns 2,640 shares in Höegh LNG. 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 31,027,210 shares in Höegh LNG, representing 44.4% of the shares in the Company.
This information is subject to the disclosure requirements pursuant to § 4-1 and § 5-12 of the Norwegian Securities Trading Act.
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 five 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
Arild Jæger, Vice President, Strategy and Investor Relations, Telephone +47 975 57 408
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.