Hexagon Composites — Major Shareholding Notification 2015

Jul 7, 2015

Hexagon Composites ASA : Mandatory notification of trade

Hexagon Composites ASA : Mandatory notification of trade

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.

[HUG#1934878]