Hexagon Composites - Share Issue/Capital Change 2015

Hexagon Composites ASA issues 975,000 call options at strike NOK 25

In accordance with resolutions no 6 and no 13.2 of the Ordinary Shareholders'

Meeting held in Aalesund on April 22(nd) 2014, the Board of Directors of Hexagon

Composites ASA has issued 975,000 share options under the Company's management

incentive program. Of the 975,000 options, 600,000 options have been granted to

senior executives and managers listed as primary insiders.

Of the options granted to primary insiders:

Primary insider: Options granted: New holding after the grant:

Jon Erik Engeset 150,000 150,000 options and 419,000 shares

Jack Schimenti 100,000 100,000 options and 38,041 shares

David Bandele 100,000 100,000 options and 29,545 shares

Skjalg S. Stavheim 50,000 50,000 options and 133,585 shares

Ragnar Holthe 50,000 50,000 options and 2,870 shares

Daniel Aasheim 50,000 50,000 options and 3,000 shares

Solveig Sæther 25,000 25,000 options and 1,146 shares

Geir Torset 25,000 25,000 options and 31,146 shares

Gunnar Engkrog 25,000 25,000 options and 1,146 shares

Trond Seth 25,000 25,000 options and 1,146 shares

The share options give rights to buy shares in Hexagon Composites ASA at NOK 25

per share.

The options may be exercised in part or in full within three weeks following the

official announcement of the financial results for the fourth quarter of 2017,

first quarter of 2018 or second quarter of 2018.

For more information:

Jon Erik Engeset, CEO, Hexagon Composites ASA

Telephone: +47 916 30 550 | [email protected]

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1899029]

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