Director's Dealing • Feb 18, 2025
Director's Dealing
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Avance Gas Holding Ltd: Mandatory notification of trade by primary insiders
Hamilton, Bermuda
February 18, 2025
Øystein Kalleklev, CEO of Avance Gas AS and Board member of Avance Gas Holding
Ltd, has on February 17, exercised his remaining 150,000 share options at terms
described in attachments.
The stock options have been cash settled with the difference of the Adjusted
Strike Price and the closing price at OSE on February 17, 2025.
Following the exercise, Mr Kalleklev has no further share options in Avance Gas
Holding Ltd. but holds 50,000 shares.
Please see the attached form for notification and public disclosure of
transaction.
For further information, please contact:
Investor and Analyst Contact: Randi Navdal Bekkelund, Chief Financial Officer of
Avance Gas
Tel: +47 23 11 40 00
Media Contact: Øystein Kalleklev, Chief Executive Officer of Avance Gas
Tel: +47 23 11 40 00
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
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