Hoegh LNG chairmen purchase company shares

Höegh LNG Holdings informed that Leif Höegh & Co., which is represented on the board of directors of the company by Morten W. Høegh and Leif O. Høegh, purchased 7,579 common shares in the company in a series of transactions on 17 December at an average price of NOK 73.6546 per share.

Following the transaction, Leif Höegh & Co. 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 in the company.

Finally, certain Brompton Cross companies, which are co-investment vehicles for management of Höegh Capital Partners, hold the following number of shares in the company:

  • Brompton Cross IV Limited 28,500 shares, representing 0.04% of the shares in issue;
  • Brompton Cross V Limited 28,500 shares, representing 0.04% of the shares in issue;
  • Brompton Cross VI Limited 31,916 shares, representing 0.05% of the shares in issue;
  • Brompton Cross VII Limited 27,000 shares, representing 0.04% of the shares in issue.

The percentages have been calculated based on a total of 69,898,827 shares in issue.

1 NOK = 0.134982 USD

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Press Release; Image: Höegh LNG