Hemen Holding Limited ("Hemen") has on17 September 2021 acquired in total 197,715 shares inAvance Gas Holding Ltd ("Avance", OSE ticker: AGAS). Following the acquisition, Hemen holds 25,809,075 shares in Avance, equaling 33.33% of the shares and votes in Avance. In addition,Frontline Ltd , a company in which Hemen holds approximately 40.0% of the shares, owns a total of 442,384 shares in Avance, resulting in an aggregate holding of 26,251,459 shares equalling 33.90% of the shares and votes in Avance. This information is subject to the disclosure requirements pursuant to Section 4-2 and 5-12 the Norwegian Securities Trading Act.
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