Leif Höegh & Co. Ltd, a primary insider of Höegh LNG Holdings Ltd has purchased 67 060 common shares in Höegh LNG for NOK 91.50 per share.
Following the transaction, Leif Höegh & Co. Ltd holds a total of 31 933 849 shares in Höegh LNG, representing 41.56% of outstanding shares, and 287 500 common units in Höegh LNG Partners LP.
Leif Höegh & Co. Ltd is indirectly controlled by Leif O. Høegh and by a family trust under which Morten W. Høegh is the primary beneficiary and is represented on the Board of Directors of the company by Morten W. Høegh (Chairman) and Leif O. Høegh (Deputy Chairman) due to its ownership stake in Höegh LNG.
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/lng-shipping/16032016/leif-hoegh-and-co-ltd-purchases-shares-in-hoegh-lng-2132/