BlueNord: Option Exercise - Issue of New Shares

Oslo, 10 July 2024: BlueNord ASA ("BlueNord" or the "Company") announces that a former member of the Company's board of directors has exercised 50,000 options and a former member of the Company’s management has exercised 22,000 options at a strike price of NOK 160 per share. As a result of the exercise, the Company will deliver 72,000 new shares. The board of directors has consequently resolved to issue 72,000 new shares at a subscription price of NOK 160 per share, pursuant to the authorisation to the board to issue new shares as granted by the Company's annual general meeting on 14 May 2024.

Following the issue of the new shares, the Company's share capital will be NOK 14,292,432.991326 consisting of 26,475,828 shares each with a par value of NOK 0.5398295.

Following the exercise of options, 8,368 options remain outstanding in the Company.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com
 

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that specialises in producing and  developing energy resources, and in activities which support the energy transition. The Company has a 36.8 percent interest in the Danish Underground Consortium (DUC) that is responsible for oil and gas production in the Danish North Sea. BlueNord is listed on the Oslo Stock Exchange and trades under the ticker "BNOR". For further information, please visit: www.bluenord.com.