Exception from mandatory offer obligation and mandatory notification of trades by close associates of primary insiders

18 Sep 2024 17:00 CEST

As part of an internal reorganisation, certain transactions have been initiated
by closely associated entities of Leif O. Høegh and Morten W. Høegh, both
primary insiders in Höegh Autoliners ASA (the "Company"). None of the
transactions will result in any change of control or alteration in the
beneficial ownership of shares in the Company.

In summary, Leif Höegh & Co AS, the largest shareholder in the Company, became a
subsidiary of Aequitas Shipping AS on 18 September 2024 through the transfer of
shares from Gadus SE and Pomor Shipping Norway AS, each previously holding 50%
of the shares in Leif Höegh & Co AS. Aequitas Shipping AS is a subsidiary of
Aequitas Ltd. Subsequent to this transfer, Gadus SE and Pomor Shipping Norway AS
subscribed for a share capital increase in Aequitas Ltd, conducted as a private
placement. In addition, Pomor Shipping Norway AS will be liquidated and all of
its assets, including its shares in Aequitas Ltd, shall be transferred to its
sole parent company Pomor Shipping Ltd.

The Oslo Stock Exchange, in its capacity as takeover supervisory authority, has
in a decision dated 12 July 2024 resolved to grant an exemption from the
mandatory bid obligation pursuant to section 6-2 (3) of the Norwegian Securities
Trading Act with respect to the transactions.

This information is subject to disclosure requirements pursuant to Article 19 of
the Market Abuse Regulation and Section 5-12 of the Norwegian Securities Act.
Please see attached notification forms for further details.

More information:
Access the news on Oslo Bors NewsWeb site

628066_PDMR Forms.pdf