Hexagon Composites ASA : Mandatory notification of trade

Hexagon Composites ASA : Mandatory notification of trade

ID: 415018

(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
pre-defined future date. The forward contract expired on 20 August 2015, and
consequently, Flakk Holding AS has today acquired 6,000,000 shares, the price of
which, pursuant to the forward contract, is NOK 26.1354 per share.

Flakk Holding AS is a company controlled by Mr. Knut Flakk, Chairman of Hexagon
Composites ASA. After the transaction, Knut Flakk and his close associates,
including Flakk Holding AS, hold 44,429,038 shares in Hexagon Composites ASA.

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#1946635]






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Bereitgestellt von Benutzer: hugin
Datum: 20.08.2015 - 12:09 Uhr
Sprache: Deutsch
News-ID 415018
Anzahl Zeichen: 1563

contact information:
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Business News



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