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Knox Energy Solutions AS M&A Activity 2024

Aug 23, 2024

M&A Activity

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Knox Energy Solutions AS - Company update

(Oslo, 23 August 2024) Following Knox Energy Solutions' (Knox, OSE: KNOX) offer

to Rapid Oil shareholders, a total of 17.5% of Rapid Oil shares have been

accepted for conversion, of which 10% is conditional to continued listing.

For further information, please contact:

Geir Aune, Chairman, [email protected]

Harald B. Hansen, CEO,[email protected]

About Knox | knox-energy.com

Knox Energy Solutions AS is an international energy company, with a holding in

Rapid Oil Production Ltd. (Rapid), a UK-based oil and gas company backed by a

highly experienced board and management team.?Knox Energy Solutions AS is listed

on Euronext Growth under the ticker KNOX.