Oslo, 5 May 2026: The board of directors of PetroNor E&P ASA ("PetroNor" or the
"Company") has resolved to propose a distribution in the amount of NOK 3.25 per
share to shareholders in the Company as of 28 May 2026 (as registered in
Euronext Securities Oslo (VPS) on 1 June 2026).
The distribution shall be charged to share premium and shall be classified as
repayment of paid-in capital for tax purposes, pursuant to Section 10-11 second
paragraph second sentence of the Norwegian Taxation Act.
It is a prerequisite for the distribution that the annual financial statements
of the Company for 2025 are approved by the ordinary general meeting of the
Company expected to be held on 28 May 2026 and registered in the Norwegian
Register of Company Accounts.
Provided that the traded shares are subject to ordinary settlement in the
Euronext Securities Oslo (VPS), shares acquired up to and including 28 May 2026
will carry the right to receive distribution, whereas shares that are acquired
on and after 29 May 2026 will not carry the right to receive distribution.
Subject to approval by the ordinary general meeting of the Company expected to
be held on 28 May 2026, the distribution is expected to be paid on or about 24
June 2026.
The notice of the ordinary general meeting is expected to be published on or
about 7 May 2026.
This information is published in accordance with the requirements of the
Continuing Obligations.
For further information, please contact:
Investor Relations
Email: ir@petronorep.com
www.petronorep.com
About PetroNor E&P ASA
PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and
production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA
holds assets offshore West Africa, specifically the PNGF Sud licenses in Congo
Brazzaville and OML-113 in Nigeria.