Mandatory Notification of Trade and share capital increase
Oslo, 13 June 2017: Norwegian Energy Company ASA (“Noreco”), informs that CEO Silje Augustson on this day has called 50,000 options to subscribe for shares in Noreco at strike price NOK 42 per share. Upon receipt of the call notice, the Board of Directors summoned a meeting and adopted to increase the share capital of Noreco by NOK 500,000 from NOK 70,947,300 to NOK 71,447,300, by issuance of 50,000 new shares, each at nominal value of NOK 10, for a subscription price of NOK 42 per share. The new shares were subscribed for by Silje Augustson in the board meeting. The shareholders’ pre-