Black Sea Property AS

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

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
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)
		3.38	135,657
d)	Aggregated information
	- Aggregated volume	A total of 135,657 Offer Shares subscribed at a price per share of NOK 3.38, corresponding to a total subscription amount of NOK
	- Price	458,520.66
e)	Date of the transaction	30 April 2021
f)	Place of the transaction	Outside of trading venue