Oslo, 6 September 2022: Ousdal AS, close associate of Riulf Rustad, Chair of the Board of Norwegian Energy Company ASA ("Noreco" or the "Company"), has on 6 September 2022 acquired 25,000 shares in the Company at a price of NOK 352.144 per share. Following the transaction, Ousdal AS holds a total of 200,000 shares in the Company, equivalent to approximately 0.78% of the Company's shares. In addition, Riulf Rustad holds 343,000 options, each option giving the right to acquire or subscribe for one share in the Company upon exercise.

Please see attached notification form in accordance with the Market Abuse Regulation article 19.


This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and Section 5 -12 the Norwegian Securities Trading Act.


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https://news.cision.com/noreco/r/norwegian-energy-company-asa---mandatory-notification-of-trade,c3626929

https://mb.cision.com/Main/4225/3626929/1623843.pdf

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