Hexagon Composites — Major Shareholding Notification 2014

Sep 5, 2014

Hexagon Composites ASA : Mandatory notification of trade

Hexagon Composites ASA : Mandatory notification of trade

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 the same shares on 27 May 2014. On 27 May

2014 the forward contract was extended to 5 September 2014, at a forward price

NOK 25.237.

The same forward contract has today been extended to 20 February 2015 at a

forward price of NOK 25.687 per share.

Flakk Holding AS is a company controlled by the Chairman of Hexagon Composites

ASA, Mr. Knut Flakk. After the sale, Flakk Holding Group holds 40,115,988 shares

which constitutes 30.10% of the shares, but retains exposure to the same number

of shares as before the transaction, namely 46,115,988 shares equal to 34.60% of

the shares in Hexagon Composites ASA.

For more information:

Flakk Holding AS, by Knut Flakk

Telephone: +47 997 46 000 | knut.flakk@flakk.no

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1854072]