Panoro Energy: Grant of Share Options
Mandatory notification of Trades Oslo, 26 May 2023 - Following the approval by the Ordinary General Meeting ("2023 AGM") of Panoro Energy ASA ("Panoro" or the "Company" with OSE Ticker: PEN) held on 24 May 2023, the Company announces an award of 24,000 options ("Board Options") granted to the Ms Gunvor Ellingsen which will vest equally over a three-year period each at the date of the Annual General Meetings of upcoming years. Each Board Option entitles the holder to one ordinary share in the Company. Once vested, the options are exercisable at NOK 27.40 per share. The exercise price, as