On trade date Friday 30/07/2021 funds managed by Cobas Asset Management, SGIIC,
S.A. holds 5,02% of voting rights of PANORO ENERGY ASA (ISIN: NO0010564701). 

(a) the name of the issuer of the shares:                                       
                              PANORO ENERGY ASA

(b) the date on which the proportion of shares held reached, exceeded or fell
below the
thresholds set in the Securities Trading Act section 4-2, subsection (2),
30/07/2021

(c) name of the entity subject to the disclosure obligation, including the name
of the
shareholder,Cobas Asset Management, SGIIC, S.A. a Management Company based in
Madrid with delegated voting rights on behalf of multiple managed portfolios 

(d) the number of shares the notification encompasses,5.693.710 shares

(e) the subsequent situation with regard to voting rights, including the
percentage of the
votes and shares of the company held by the entity concerned, 5,02%

(f) what percentage of the votes and shares of the company the entity concerned
holds in
the form of rights to shares,None

(g) the circumstance that triggered the disclosure obligation and whether such
circumstance applied to the entity concerned himself or to any related party
(close
associate) as mentioned in the Securities Trading Act section 2-5,48.424 shares
acquired on 30-jul-2021

(h) the chain of controlled undertakings through which the shares or rights are
owned, Cobas Asset Management, SGIIC, S.A. as investment manager, authorized to
exercise voting rights attached to the shares under management on a
discretionary basis.

(i) where the notification concerns rights to shares as mentioned in the
Securities
Trading Act section 4-2, subsection (5), the notification shall also contain a
description of the rights, including information on the date and time that the
rights           Not applicable
will or can be exercised and the date and time of their expiry.

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