Hemen Holding Limited ("Hemen") has on 17 September 2021 acquired in total
197,715 shares in Avance 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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