Hexagon Composites — Major Shareholding Notification 2015

Aug 20, 2015

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 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@flakk.no

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1946635]