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Regulatory press release

NORECO: Norwegian Energy Company ASA - Mandatory notification of trade

BlueNord
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Oslo, 14 July 2022: Taconic Capital Advisors UK LLP, close associate of Peter Coleman, board member in Norwegian Energy Company ASA ("Noreco" or the "Company"), has today sold 750,000 shares in the Company at a price of NOK 405.50 per share. Following the transaction, Taconic Capital Advisors UK LLP holds a total of 6,940,022 shares in the Company, equivalent to approximately 27.06% of the Company's shares and together with Convertible Bonds, hold shares and rights to shares equal to approximately 31.83% of the Company's issued share capital inclusive of new shares that would be issued after conversion of the Convertible Bonds.

Please see attached notification form in accordance with the Market Abuse Regulation article 19.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
 

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