Hexagon Composites ASA : Mandatory notification of trade

Hexagon Composites ASA : Mandatory notification of trade

ID: 405032

(Thomson Reuters ONE) -


Flakk Holding AS has entered into an agreement for the sale of 2,500,000 shares
in Hexagon Composites ASA to Nødingen AS on July 6th 2015. Flakk Holding AS and
Nødingen AS are both close associates of the Chairman of the Board of Hexagon
Composites, Mr Knut Flakk. The price per share was NOK 24.60, which equals the
end of day trading price on July 6th.

After the transaction, the total number of shares held by Mr. Knut Flakk and
close associates is unchanged, and consists of 45,729,038 shares in Hexagon
Composites, which equals approx. 34.31% of the shares of Hexagon Composites. In
addition, Flakk Holding AS holds a forward contract over 6 million shares in
Hexagon Composites.

Nødingen AS holds 7,300,000 shares after the transaction, which equals
approximately 5.48% of the total number of shares in Hexagon Composites ASA.

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#1934878]






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Bereitgestellt von Benutzer: hugin
Datum: 07.07.2015 - 08:15 Uhr
Sprache: Deutsch
News-ID 405032
Anzahl Zeichen: 1609

contact information:
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Kategorie:

Business News



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