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Ticker
PEN
Panoro Energy ASA
Trade ID
16890
Message 626055
Trade snapshot
BUY OPEN_MARKET
Trade date
2024-08-23
Published
2024-08-23 05:30
Insider
Julien Balkany
Chairman of the Board
Relation
DIRECT
Julien Balkany
Shares
27 030.00
Price
29.26 NOK
Total
790 897.80 NOK
Holdings after
3 712 211.00
Instrument
SHARE
Include in scoring
Yes
Returns
Horizon Target date Price date Close Return
Base 2024-08-23 2024-08-23 30.00 n/a
1m 2024-09-23 2024-09-23 27.50 -8.3%
3m 2024-11-23 2024-11-25 26.15 -12.8%
12m 2025-08-23 2025-08-25 25.15 -16.2%
Message
Mandatory Notification of Trades - Chairman and CEO Buy Shares in Panoro Energy ASA
Oslo, 23 August 2024 - Julien Balkany, Chairman of the Board of Panoro Energy
ASA (the "Company") has acquired 27,030 shares in the Company on open market at
a price per share of NOK 29.26. Following this transaction, Mr. Balkany directly
and indirectly controls 3,712,211 shares in the Company. In addition to this,
Mr. Balkany holds 48,000 options in the Company

John Hamilton, Chief Executive Officer of the Company has acquired 8,000 shares
in the Company on open market at a price per share of NOK 29.4367.  Following
this transaction, Mr. Hamilton directly and indirectly controls 786,836 shares
in the Company. In addition to this, Mr. Hamilton holds 363,818 unvested
Restricted Share Units in the Company.

Further detail of the transactions is set forth in the attached notifications.

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
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 626055
Primary insider
Julien Balkany
· Chairman
PEN · Panoro Energy ASA