Black Sea Property AS

Share Issue/Capital Change • Oct 17, 2023

1 Details of the person discharging managerial responsibilities/person closely associated a) Name MTB Invest AS 2 Reason for the notification a) Position/status Close associate of chairman/ CEO Egil Melkevik b) Initial notification/ Initial notification

Amendment

3 Details of the issuer

a) Name Black Sea Property AS

b) LEI 213800HELCJXXWXSP608

Notification and public disclosure of transactions by Primary Insiders and their Close Associates

4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
	transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial	Shares of Black Sea Property AS
	instrument, type of instrument
	Identification code	ISIN: NO0010755101
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.25	560,000
d)	Aggregated information
	- Aggregated volume	A total of 560,000 new shares subscribed at a price per share of NOK 0.25, corresponding to a total subscription amount of NOK 140,000.
	- Price
e)	Date of the transaction	17 October 2023
f)	Place of the transaction	Outside of trading venue
		MIC: XOFF