OKEA ASA

Director's Dealing • Jun 8, 2022

OKEA ASA - Mandatory notifications of trades by primary insiders

OKEA ASA - Mandatory notifications of trades by primary insiders

Trondheim, 8 June 2022

Reference is made to the stock exchange announcement made 8 June 2022 regarding

share purchase by primary insiders of OKEA ASA (the "Company", ticker: "OKEA").

Today, a total of 79,000 shares in the Company were acquired on behalf of its

primary insiders and certain other employees. The share purchase was executed

collectively at an average share price of NOK 58,6391.

Copies of notification of each of the persons discharging managerial

responsibilities ("PDMRs") for their respective participation in the purchase

are attached hereto.

This information is subject to the disclosure requirements pursuant to

Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian

Securities Trading Act.

For further information, please contact:

CFO, Birte Norheim, + 47 952 93 321

VP Legal, Marit Moen Vik-Langlie, +47 407 63 671

About OKEA

OKEA ASA is a leading mid- to late-life operator on the Norwegian continental

shelf (NCS). OKEA finds value where others divest and has an ambitious strategy

built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE:OKEA)

More information at www.okea.no

.