HAMILTON, Bermuda, Sept. 20,
2022 /PRNewswire/ -- Höegh LNG Partners LP (NYSE:
HMLP) (the "Partnership") announces that at a special meeting held
today, the Partnership's common unitholders voted on and approved
the Agreement and Plan of Merger (the "Merger Agreement"), dated as
of May 25, 2022, by and among Höegh
LNG Holdings Ltd. ("Höegh LNG"), Hoegh LNG Merger Sub LLC, Höegh
LNG Partners LP and Höegh LNG GP LLC, and the merger contemplated
thereby (the "Merger"). Pursuant to the Merger Agreement, Höegh LNG
has agreed to acquire all of the outstanding common units of the
Partnership (other than those held by Höegh LNG) for $9.25 per unit in cash.
The Merger is expected to close on or about September 23, 2022.
Forward-Looking Statements
This press release contains "forward-looking statements." All
statements, other than statements of historical facts, that address
activities, events or developments that the Partnership expects,
projects, believes or anticipates will or may occur in the future
are forward-looking statements. You are cautioned not to rely on
these forward-looking statements, which speak only as the date of
this press release. The Partnership undertakes no obligation and
does not intend to update these forward-looking statements to
reflect events or circumstances occurring after this press release.
These statements are based on current expectations of future
events, are not guarantees of future performance and are subject to
risks, uncertainties and other factors, some of which are beyond
the Partnership's control and are difficult to predict. These risks
and uncertainties include the risks that the Merger may not be
consummated at the anticipated time or at all or the benefits
contemplated therefrom may not be realized. If underlying
assumptions prove inaccurate or unknown risks or uncertainties
materialize, actual results could vary materially from our
expectations and projections. When considering these
forward-looking statements, you should keep in mind the risk
factors and other cautionary statements found in our filings with
the U.S. Securities and Exchange Commission (the "SEC"), which
include, but are not limited to, those found in (i) the
Partnership's Proxy Statement filed as Exhibit (a)(1) to Amendment
No. 1 to the Rule 13e-3 Transaction Statement on Schedule 13E-3,
filed with the SEC on August 25,
2022, and (ii) the Partnership's Annual Report on Form 20-F
for the year ended December 31, 2021,
filed with the SEC on April 25,
2022.
Contact
The IGB Group, Bryan Degnan, +1
(646) 673-9701 / Leon Berman, +1
(212) 477-8438
View original content to download
multimedia:https://www.prnewswire.com/news-releases/hoegh-lng-partners-lp-common-unitholders-approve-merger-at-special-meeting-301628672.html
SOURCE Hoegh LNG Partners LP
