Black Sea Property AS

Director's Dealing • Jun 10, 2025

Black Sea Property AS: Mandatory notification of trade – Rødningen Invest AS

Black Sea Property AS: Mandatory notification of trade – Rødningen Invest AS

Rødningen Invest AS, a close associate of Board member Kåre Rødningen, has now sold a total of 1,500,000 shares in Black Sea Property AS, at an average price of NOK 0.14 per share. Following such sale, Rødningen Invest AS holds a total of 1,823,863 shares in Black Sea Property AS, corresponding to approximately 0.70% of the total outstanding shares and votes in Black Sea Property AS.

Please also see the attached notification forms for further information.

For further information, please contact:

Egil Melkevik, Chairman

Tel: +47 90 77 09 76

E-mail: em@ms-solutions.no

This information is subject to the disclosure requirements in Article 19 of the EU Market Abuse Regulation.

About Black Sea Property AS:

Black Sea Property AS is a real estate company with holdings in a real estate project on the Black Sea coast called Sunrise River Beach Resort. Sunrise River Beach Resort is a partially completed project and will upon completion comprise approximately 950 apartments as well as significant commercial space. Black Sea Property AS has indirect ownership to the project and will work to finalize Sunrise River Beach Resort, to realize the project's added value through the sale of residential units and hotel operations.