Transaction in Own Shares • Dec 17, 2018
Transaction in Own Shares
Open in ViewerOpens in native device viewer
Panoro Energy - Result of Share Buyback
Oslo, 17 December 2018 - Reference is made to the stock exchange notice made by
Panoro Energy ASA ("Panoro" or the "Company" with OSE Ticker: "PEN") on 17
December 2018 at 07:30 hours CET. Panoro announces that it has completed the buy
back as set out in the stock exchange announcement.
Panoro had resolved to buy back 166,162 shares in order to deliver shares
Mercuria Asset Holdings (Hong Kong) Limited ("Mercuria") in accordance with the
loan facility related to the acquisition of OMV Tunisia Upstream GmbH.
The Company has purchased 166,162 shares today at an average price of NOK
12.5265 per share.
Following this purchase, Panoro will have remaining authority to buy back
4,083,838 of its own shares until the AGM in May 2019.
This information is subject to the disclosure requirements according to section
5-12 of the Norwegian Securities Trading Act.
Enquiries
Panoro Energy ASA
Tel: +44 203 405 1060
Email: [email protected]
About Panoro Energy
Panoro Energy ASA is an independent E&P company based in London and listed on
the Oslo Stock Exchange with ticker PEN. The Company holds high quality
production, exploration and development assets in Africa, namely the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria and Sfax
Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia. For
more information, please visit the Company's website at www.panoroenergy.com.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.