DNO ASA — Director's Dealing 2022

Oct 10, 2022

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

1	Details of the person discharging managerial responsibilities/person closely associated
	Name	RAK Petroleum Holdings B.V.
	Org. no.	57707308
	LEI code
2	Reason for the notification
	Position/status	Bijan Mossavar-Rahmani, Executive Chairman, and Shelley Watson, member of the Board of Directors of DNO ASA, hold managerial responsibilities in RAK Petroleum plc, which is the sole owner of RAK Petroleum Holdings B.V.
	Initial notification / Amendment	Initial notification
3	Details of the issuer
	Business name	DNO ASA
	LEI code	5967007LIEEXZXH3K072
4			Details of the transaction(s): section to the repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction
	Description of the financial instrument, type of instrument	Unrestricted Class A Shares
	Identification code	ISIN: NO0003921009
	Nature of the transaction	Disposal of shares as part of an intra-group transaction as further described in the stock exchange announcement published by RAK Petroleum plc on the ticker "RAKP" at www.NewsWeb.oslobors.no on 10 October 2022.
	Price(s) and volume(s)	Price(s):	Volume(s):
		N/A	438,379,418
	Aggregated information	Average price per unit: N/A
	- Aggregated volume	Aggregated volume: 438,379,418
	- Price	Total amount:
	Date of the transaction	10 October 2022
	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
	Name	RAK Petroleum plc
	Org. no.	08572925
	LEI code	213800L3HZUNJ2457M66
2	Reason for the notification
	Position/status	Bijan Mossavar-Rahmani, Executive Chairman, and Shelley Watson, member of the Board of Directors of DNO ASA, hold managerial responsibilities in RAK Petroleum plc
	Initial notification / Amendment	Initial notification
3	Details of the issuer
	Business name	DNO ASA
	LEI code	5967007LIEEXZXH3K072
4	Details of the transaction(s): section to the repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction
	Description of the financial instrument, type of instrument	Unrestricted Class A Shares
	Identification code	ISIN: NO0003921009
	Nature of the transaction	Acquisition of shares as part of an intra-group transaction as further described in the stock exchange announcement published by RAK Petroleum plc on the ticker "RAKP" at www.NewsWeb.oslobors.no on 10 October 2022.
	Price(s) and volume(s)	Price(s):	Volume(s):
		N/A	438,379,418
	Aggregated information	Average price per unit: N/A
	- Aggregated volume	Aggregated volume: 438,379,418
	- Price	Total amount:
	Date of the transaction	10 October 2022
	Place of the transaction	Outside a trading venue