Panoro Energy – Disclosure of Major Shareholding
Oslo, 27 July 2022 – Panoro Energy ASA (“Panoro” or the “Company”) with OSE Ticker: (“PEN”) makes reference to its recent announcement regarding completion of the sale of its fully owned subsidiaries Pan-Petroleum Services Holding BV and Pan-Petroleum Nigeria Holding BV (together referred to as “Divested Subsidiaries” and which together hold 100% of the shares in Pan-Petroleum Aje Limited) to PetroNor E&P ASA (“PetroNor” – OSE Ticker: “PNOR”) for an upfront consideration of USD 10 million to be settled in the form of PetroNor shares (“Consideration Shares”) and today’s stock exchange
