Hexagon Composites ASA : Mandatory notification of trade

Hexagon Composites ASA : Mandatory notification of trade

ID: 394684

(Thomson Reuters ONE) -


On 27 November 2013, Flakk Holding AS sold 6,000,000 shares in Hexagon
Composites ASA at a price of NOK 24.50 per share. Flakk Holding AS
simultaneously entered into a forward contract to buy back 6,000,000 shares at a
future date. The said forward contract, which became due 20 May 2015, has today
been extended to 20 August 2015 at a forward price of NOK 26.1354 per share.

Flakk Holding AS is a company controlled by Mr. Knut Flakk, which is Chairman of
Hexagon Composites ASA. Flakk Holding AS and its subsidiary Flakk Invest AS
holds 40,115,988 shares in Hexagon Composites ASA which constitutes 30.10% of
the total shares, but retain exposure to 46,115,988 shares which is equal to
34.60% of the shares in Hexagon Composites ASA when the forward contract is
included.

For more information:
Flakk Holding AS, by Knut Flakk
Telephone: +47 997 46 000 | knut.flakk(at)flakk.no


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Hexagon Composites ASA via GlobeNewswire
[HUG#1922818]






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Bereitgestellt von Benutzer: hugin
Datum: 20.05.2015 - 12:27 Uhr
Sprache: Deutsch
News-ID 394684
Anzahl Zeichen: 1671

contact information:
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Ã…lesund



Kategorie:

Business News



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