Höegh LNG said that Leif Höegh & Co. through Brompton Cross VII, a co-investment vehicle for management of Höegh Capital Partners, purchased 13,800 common shares in Höegh LNG.
Common shares were purchased in a series of transactions on February 4, 2015 at an average price of NOK 81.3727 per share.
Leif Höegh & Co., 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 31,174,789 shares, representing 44.60% of the shares in the company.
In addition, Leif O. Høegh and Morten W. Høegh each hold 3,602 shares personally.
Following the transaction, Brompton Cross co-investment vehicles hold the following number of shares in the company:
The percentages have been calculated based on a total of 69,898,827 shares in issue.
1 NOK = 0.131597 USD
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Image: Höegh LNG