Mandatory notification of trade by close associate of primary insiders

17 Oct 2024 17:00 CEST

Reference is made to the stock announcement on 18 September 2024 regarding the
internal reorganisation 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 in this internal reorganisation will result
in any change of control or alteration in the beneficial ownership of shares in
the Company.

As part of the internal reorganisation, Aequitas Ltd, which indirectly holds
67,500,000 shares in the Company through Leif Höegh & Co AS, has today conducted
a private placement directed towards Leif Höegh & Co Ltd. as further described
in the attached notification form.

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 this transaction.

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.

More information:
Access the news on Oslo Bors NewsWeb site

629842_PDMR 2024-10-17.pdf