Höegh LNG : Mandatory notification of trade
Hamilton, Bermuda, 18 December 2019 - Höegh LNG Holdings Ltd. ("Höegh LNG") advises that Richard Tyrrell, Chief Development Officer and primary insider, on Wednesday 18 December 2019 sold 15,796 common units in Höegh LNG Partner LP (“HMLP”) and his related party Rachel Brask-Tyrrell sold 3,067 common units in HMLP, both at a unit price of USD 15.33.
Following the above transactions, Richard Tyrrell owns 9,215 shares and 24,400 stock options in Höegh LNG and 9,722 phantom units in HMLP.
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Sveinung J. S. Støhle, President and Chief Executive Officer, Telephone +47 975 57 402
Håvard Furu, Chief Financial Officer, Telephone +47 991 23 443
Knut Johan Arnholdt, VP IR and Strategy, Telephone +47 922 59 131
About Höegh LNG:
Höegh LNG 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. Its strategy is to develop the business through an extended service offering, with large-scale FSRUs as the main product, and focus on establishing long-term contracts with attractive risk-adjusted returns involving credible counterparts. The company is publicly listed on the Oslo stock exchange under the ticker HLNG, and owns approximately 46% of Höegh LNG Partners LP (NYSE:HMLP). 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 group employs approximately 155 office staff and 545 seafarers.