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PetroNor E&P ASA Director's Dealing 2021

Apr 27, 2021

3710_dirs_2021-04-27_34939a86-b4d4-49b9-8755-5ed854642952.pdf

Director's Dealing

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27 April 2021

PetroNor E&P Limited ("PetroNor" or the "Company")

Mandatory Notification of Trade

PetroNor (OSE ticker: "PNOR"), the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, has received details this evening on the following share transactions by Petromal LLC, a close associate of primary insider Mr Eyas Alhomouz. Mr Alhomouz is the Non-Executive Chairman of PetroNor E&P Ltd.

Date of the transaction	Shares disposed	Share Price	Total Amount
		/NOK	/NOK
19 April 2021	2,511,112	1.4095	3,539,412.36
20 April 2021	3,092,866	1.3716	4,242,175.01
21 April 2021	2,578,324	1.2952	3,339,445.25
22 April 2021	617,278	1.2878	794,930.61

After the above transactions Petromal LLC owns 395,137,120 shares in PetroNor, representing approximately 37.42% of all outstanding shares.

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For further information, please contact:

Knut Søvold, Chief Executive Officer Chris Butler, Group Financial Controller [email protected]

Media Contacts: Buchanan Ben Romney Tel: +44 207 466 5000