DNO ASA — Director's Dealing 2021

Aug 6, 2021

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Erling Moen Synnes

2.	Reason for the notification
a)	Position / status	CIO and a primary insider of DNO ASA
b)	Initial notification / amendment	Initial notification

3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DNO ASA
b)	LEI	5967007LIEEXZXH3K072

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 instrument, type of instrument Identification code	Synthetic shares pursuant to share incentive program for executive management of DNO ASA, to be settled in cash. The synthetic shares have no separate identification code and are linked to the ordinary shares of DNO ASA, with ISIN NO0003921009.
b)	Nature of the transaction	Exercise of synthetic shares pursuant to share incentive program for executive management of DNO ASA.
		Price(s)	Volume(s)
		Exercised 8.72	37631
c)	Price(s) and volume(s)	Bought 8.71	22000
	Aggregated information
	— Aggregated volume	N/A transaction relates to on-time exercise of synthetic shares
		Vested 37631 Shares at Price: 8.72 Total value 326 142 NOK
d)	— Price	Bought 22.000 Shares at 8.71 Total Value 192 620
e)	Date of the transaction	2021-08-05; 16.20.]
		Exercise: Outside a trading venue
f)	Place of the transaction	Bought: Over the market place (OSE)