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Tuesday, 12 December 2017

Höegh LNG : Mandatory Notification of Trade

Höegh LNG    

Published: 07:00 CET 12-12-2017 /GlobeNewswire /Source: Höegh LNG / : HLNG /ISIN: BMG454221059

Höegh LNG : Mandatory Notification of Trade

Hamilton, Bermuda, 12 December 2017 - Höegh LNG Holdings Ltd. ("Höegh LNG" or the "Company") advises that primary insider Ragnar Wisløff, Chief Development Officer, purchased 360 common units in Höegh LNG Partners LP ("HMLP") on 11 December 2017 with a purchase price of USD 17.43 per common unit.

The total ownership interests subject to disclosure requirements held by Wisløff following the above transaction is 23,934 shares and 165,600 options in Höegh LNG. In addition, Wisløff owns 5,178 common units and 4,000 phantom units in HMLP. Wisløff has also ownership interests in Höegh LNG through Methane Ventures Limited.

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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), 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 and the strategy is to continue to focus its growth plans in the FSRU market, with the objective of securing long-term contracts with strong counterparties at attractive returns. Höegh LNG is a Bermuda based company with established presence in Norway, Singapore, the UK, USA, South Korea, Indonesia, Lithuania, Egypt, Colombia, China and Turkey. The company employs approximately 115 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
Erik Folkeson, Head of IR, Telephone +47 414 21 769

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.





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Höegh LNG, Drammensveien 134 PO BOX 4 Skøyen, Oslo N-0212, Norway
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