What we shipRoutesScheduleMy Cargo
InvestorsSustainabilityAbout us
Ship your cargo

Ready to ship your cargo?

Whether you are shipping small or large cargo, domestically or internationally, our highly skilled team is ready to assist you

Contact us
  • What we ship
    • Automotive
    • Breakbulk
    • Equipment Handling
  • Customer Centre
    • Sailing Schedule
    • Offices, Agents and Ports
    • My Cargo
    • Freight Inquiry
  • About us
    • Contact us
    • The Founder
  • Sustainability
    • Strategy & Governance
    • Partnerships & Alliances
    • People
    • Planet
    • Prosperity
    • IMO
  • News & Media
    • News
  • Career
    • Career Development
  • Investors
    • Investor News
    • Financial Calendar
    • Governance

© Höegh Autoliners 2023 All rights reserved

  • Privacy Policy
  • Legal Disclaimer

Höegh Autoliners ASA – Mandatory notification of trade from primary insiders

DATE 14.12.2021

The primary insiders of the Company and close associates of primary insiders set out below have been allocated shares in the Offering. All shares purchased by primary insiders and their close associates are subject to the offer price in the Offering, i.e. NOK 21.00.

* Andreas Enger (Chief Executive Officer) has, through his wholly owned company Damgård AS, been allocated 100,000 shares in the Offering. Following completion of the Offering, Enger has an indirect shareholding in the Company of in total 1,820,135 shares (0.96% of the share capital).

* Per Øivind Rosmo (Chief Financial Officer) has been allocated 50,000 shares in the Offering (0.03% of the share capital). Rosmo did not hold shares in the Company prior to the Offering.

* Espen Stubberud (Chief Trade and Capacity Officer) has been allocated 15,000 shares in the Offering (0.01% of the share capital). Stubberud did not hold shares in the Company prior to the Offering.

* Leif Höegh & Co. Holdings AS, a person closely associated with board member Leif O. Høegh, has been allocated 11,904,761 shares in the Offering. Further, Leif Höegh & Co. Holdings AS has lent 7,500,000 shares to the stabilisation manager in the Offering to facilitate stabilization activities. Following completion of the Offering and prior to the return of the borrowed shares, Leif Höegh & Co. Holdings AS has a shareholding in the Company of in total 84,017,841 shares (44.4% of the share capital).

Please see the attached form of notification and public disclosure by primary insiders and persons closely associated with them in respect of allocation of shares in the Offering and the lending of shares (https://newsweb.oslobors.no/message/547820). The shares allocated to primary insiders in the Offering, as stated above, are subject to a 12 months' lock-up from the first day of listing and trading of the Company's shares on Euronext Growth Oslo, while the shares allocated to Leif Höegh & Co. Holdings AS is subject to a 6 months' lock-up. The first day of listing is expected to be on 29 November 2021.

Further, the Company has resolved to award its senior management a bonus that may be converted to shares after a 3-year vesting period. The size of the bonus depends on the total shareholder return and is calculated as a synthetic option payoff where the strike price is equal to the IPO share price of NOK 21.00. Please see the attached form of notification and public disclosure by primary insiders in respect of such award.

For further information, please contact:

Andreas Enger, CEO
andreas.enger@hoegh.com
+47 901 31 228

Per Øivind Rosmo, CFO
per.oivind.rosmo@hoegh.com
+47 400 39 938

Media contact:
Safia Reddy, Head of Communications
safia.reddy@hoegh.com
+47 400 39 857

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.

Read next

05 January 2022

How a coat of paint makes our vessels more sustainable

Believe it or not, a thin coat of paint on the hull of our vessel’s is reducing CO2 emissions by 4%. Here’s how.

Read next

Latest news

See all news
Read more

25 April 2023

Höegh Autoliners appoints Gyrid Skalleberg Ingerø as new Board Member

Read more
Read more

28 March 2023

Höegh Autoliners joins Maritime Cleantech to accelerate the move to zero

The ambitious shipowner wants their new Ro-Ro vessels to become emission-free as soon as possible. The first of eight newbuilds will hit the waters next year.

Read more
Read more

09 December 2022

Working together against corruption

Corruption is a widespread challenge for companies involved in world trade. It weakens democratic institutions, reduces economic development, and contributes to governmental instability.

Read more