Bli medlem
Bli medlem

Du är här

2017-01-25

Höegh LNG : Sale of shares by Primary Insiders following Settlement of Round 1 of Management Stock Option Plan

Hamilton, Bermuda, 25 January 2017 - Reference is made to Höegh LNG Holdings
Ltd.'s ("Höegh LNG" or the "Company") stock exchange notice dated 5January
2017 where the Company informed about the share issue following the
settlement of Round 1 of the Management Stock Option Plan which expired 31
December 2016.

1. Sale of shares

In order to settle applicable taxes in connection with the award of options
and for other purposes, the following primary insiders have sold a number of
shares as further set out below:

* Steffen Føreid, CFO: sold 6,286 shares
* Ragnar Wisløff, CDO: sold 15,368 shares
* Vegard Hellekleiv, CCO: sold 6,285 shares
* Øivin Iversen, CTO: sold 3,561 shares
* Stephan Tschudi-Madsen, Senior Executive Officer: sold 15,364 shares
* Camilla Nyhus-Møller, SVP Legal&Compliance: sold 2,374 shares

The transactions were completed in the period CET 10:58:44 to 13:05:15 at an
average price of NOK 96.7543 per share.

3. New holding

The total ownership interests subject to disclosure requirements held by the
primary insiders following the above transactions are as follows:

* Steffen Føreid, CFO: 30,805 shares and 179,200 options in Höegh LNG. In
addition, Føreid owns 5,630 common units and 9,198 Phantom Units in Höegh
LNG Partners LP.
* Ragnar Wisløff, CDO: 23,934 shares and 165,600 options in Höegh LNG. In
addition, Wisløff owns 4,280 common units and 4,000 Phantom Units in HMLP.
* Vegard Hellekleiv, CCO: 32,364 shares and 165,600 options in Höegh LNG. In
addition, Hellekleiv has been granted 4,000 Phantom Units in HMLP.
* Øivin Iversen, 5,346 shares and 165,600 options in Höegh LNG.
* Stephan Tschudi-Madsen, Senior Executive Officer: 23,589 shares and 100,000
options in Höegh LNG and 5,000 common units in HMLP
* Camilla Nyhus-Møller, SVP Legal&Compliance: 596 shares and 45,375 options
in Höegh LNG and 4,124 Phantom Units in HMLP.

In addition, Steffen Føreid, Ragnar Wisløff, Vegard Hellekleiv, Øivin Iversen
and Stephan Tschudi-Madsen have ownership interests in Höegh LNG through
Methane Ventures Limited.

* * *

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, China, Lithuania, Egypt,
Colombia and Turkey. The company employs approximately 110 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

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 on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Höegh LNG via Globenewswire

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.