Höegh LNG: Mandatory notification of trade
Hamilton, Bermuda, 13 April 2021 – Höegh LNG Holdings Ltd. ("Höegh LNG" or the “company”) advises that Leif Höegh & Co. Ltd. ("LHC"), a primary insider of Höegh LNG, purchased 28,500 common shares in the company on 12 April 2021 for a price of NOK 23.50 per share from Brompton Cross IX, also a primary insider of the company.
Following the above transactions, LHC, which is indirectly controlled by Leif O. Høegh and by family trusts under which Morten W. Høegh and his immediate family are primary beneficiaries, hold a total of 37,794,154 shares, representing 48.92% of the shares in the Company and 441,037 common units in Höegh LNG Partners LP ("HMLP").
Brompton Cross entities, which are co-investment vehicles for management of Höegh Capital Partners, indirectly controlled by Leif O. Høegh and by family trusts under which Morten W. Høegh and his immediate family are primary beneficiaries, hold zero shares in the company
The percentages have been calculated based on a total of 77,260,580 shares in issue in the company.
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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 “Enabling the transition to Clean Energy”. 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, China, Indonesia, Lithuania, Egypt, Colombia and the Philippines. The group employs approximately 190 office staff and 670 seafarers. Please see: www.hoeghlng.com