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Höegh Autoliners ASA – Mandatory notification of trade from primary insider

Höegh Autoliners ASA (HAUTO) · publisert 2023-11-08 16:08 · vis på NewsWeb

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PersonRolleTypeVolumPrisDatoISINHandelsplassTolket via
Damgård Invest AS CEOdisposal620 00086,07 NOK2023-11-08NO0011082075XOSLllm

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Oslo, 8 November 2023: Damgård Invest AS, a company controlled by Andreas Enger, CEO of Höegh Autoliners ASA and primary insider, has today sold 620,000 shares in Höegh Autoliners ASA at an average price of NOK 86.07 per share. After the transaction, Damgård Invest AS holds 1,242,135 shares in Höegh Autoliners ASA representing approximately 0.65% of the share capital and votes in Höegh Autoliners ASA. Damgård Invest AS has entered into a 12 months lock-up agreement with Höegh Autoliners ASA for the remaining shareholding. Please refer to the attached filing for further information. «I remain fully committed to my job as CEO of Höegh Autoliners and our shared mission to provide sustainable transportation solutions to our customers. Throughout my tenure as CEO I have invested most of my after-tax compensation in Höegh Autoliners shares. In order to balance my financial portfolio and repay personal debt I have sold 1/3 of my Höegh Autoliners shares and agreed to lock-up the remaining 2/3 for one year. This reflects my strong belief in our journey says Andreas Enger, CEO of Höegh Autoliners». «In his time as CEO since 2020 Andreas has overseen an unprecedent improvement in the operational and financial performance of Höegh Autoliners. Together with the management team and the whole organisation Andreas has seen their efforts reflected in an impressive share price performance since the 2021 IPO. Selling a minority of his Höegh Autoliners shares to balance his personal investment portfolio leaves Andreas with a very meaningful investment in our company says Leif Höegh, Chair of Höegh Autoliners» This information is subject to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.