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Ticker
PEN
Panoro Energy ASA
Trade ID
14529
Message 598367
Trade snapshot
BUY OPEN_MARKET
Trade date
2023-08-30
Published
2023-08-30 16:10
Insider
Julien Balkany
Chairman of the Board
Relation
DIRECT
Julien Balkany
Shares
17 211.00
Price
28.78 NOK
Total
495 332.58 NOK
Holdings after
3 670 181.00
Instrument
SHARE
Include in scoring
Yes
Returns
Horizon Target date Price date Close Return
Base 2023-08-30 2023-08-30 28.78 n/a
1m 2023-09-30 2023-10-02 30.90 7.4%
3m 2023-11-30 2023-11-30 28.48 -1.0%
12m 2024-08-30 2024-08-30 29.35 2.0%
Message
Mandatory Notification of Trades - Chairman Buys Shares in Panoro Energy ASA
Oslo, 30 August 2023 - Julien Balkany, Chairman of the Board of Panoro Energy
ASA (the "Company") has today acquired 17,211 shares in the Company on open
market at a price per share of NOK 28.78. Following this transaction, Mr.
Balkany directly and indirectly controls 3,670,181 shares in the Company. In
addition to this, Mr. Balkany holds 48,000 options in the Company.

Further detail of the transaction is set forth in the attached notification.

This information is subject to the disclosure requirements pursuant to section 5
-12 and section 4-2 of the Norwegian Securities Trading Act.

Enquiries

Qazi Qadeer, Chief Financial Officer
Tel:     +44 203 405 1060
Email: investors@panoroenergy.com

About Panoro Energy

Panoro Energy ASA is an independent exploration and production company based in
London and listed on the main board of the Oslo Stock Exchange with the ticker
PEN. Panoro holds production, exploration and development assets in Africa,
namely interests in Block-G, Block S and Block EG-01 offshore Equatorial Guinea,
the Dussafu Marin License offshore southern Gabon, the TPS operated assets, Sfax
Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia, and
interests in offshore exploration Block 2B and onshore Technical Co-operation
Permit 218 in South Africa.

Visit us at www.panoroenergy.com
Follow us on Linkedin (https://www.linkedin.com/company/panoro-energy)
Message ID 598367
Primary insider
Julien Balkany
· Chairman
PEN · Panoro Energy ASA