Major Shareholding Notification • Dec 30, 2020
Major Shareholding Notification
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Mandatory Notification of Trade
30 December 2020
PetroNor E&P Limited
(“PetroNor” or the “Company”)
Mandatory Notification of Trade
NOR Energy AS ("NOR") has transferred 40,681,739 shares in PetroNor E&P ("PetroNor") as detailed below. NOR is jointly owned by Gerhard Ludvigsen and Knut Søvold, both primary insiders in PetroNor.
40,681,739 shares in PetroNor have been transferred to ENG Group Soparfi SA., a Luxemburg registered company, where the transaction is settled at today’s share price (NOK 1.22 per share).
After the above transaction NOR owns 233,555,587 shares in PetroNor, representing approximately 24.03% of all outstanding shares.
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For further information, please contact:
Knut Søvold, Chief Executive Officer
Chris Butler, Group Financial Controller
Media Contacts:
Buchanan
Ben Romney/Chris Judd
Tel: +44 207 466 5000
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