NORSE ATLANTIC ASA: MANDATORY NOTIFICATION OF TRADE AND DISCLOSURE OF LARGE SHAREHOLDING
Arendal, 29 November 2024: Reference is made to the stock exchange announcement by Norse Atlantic ASA (the "Company") earlier today (the "Announcement") regarding a private placement of 19,278,576 new shares in the Company directed towards B T Larsen & Co Ltd ("BTLCo") at a subscription price of NOK 5 per share, raising gross proceeds of NOK 96,392,880, equivalent to approx. USD 8.7 million (the "Private Placement"). All terms used in this notice shall have the meaning ascribed to such terms in the Announcement. BTLCo, a company closely associated with and controlled by Bjørn Tore Larsen,