Panoro Energy - Awards and exercise under RSU program and mandatory notification of trades
Oslo, 14 June 2021 - Panoro Energy ASA (the “Company” or “Panoro” with OSE ticker: “PEN”) announces the awards and exercise of Restricted Share Units (“RSUs”) and notification of primary insider trades. Awards of RSUs For the year 2021, the Board of Directors have granted 528,356 RSUs to the key employees of the Company under the Long-Term Incentive Plan (“LTIP”) approved by the shareholders at the 2021 Annual General Meeting. The awards are based on specific performance criteria as previously approved by the Board of Directors. One RSU will entitle the holder to receive one share