BlueNord: Option Exercise - Issue of New Shares

BlueNord: Option Exercise - Issue of New Shares

20 Jun 2024 21:42 CEST

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Issuer

BlueNord ASA

Oslo, 20 June 2024: BlueNord ASA ("BlueNord" or the "Company") announces that a
former member of the Company's board of directors has exercised 103,000 options
at a strike price of NOK 160 per share. As a result of the exercise, the Company
will deliver 103,000 new shares. The board of directors has consequently
resolved to issue 103,000 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
14,253,565.267326 consisting of 26,403,828 shares each with a par value of NOK
0.5398295.

Following the exercise of options, 80,368 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.

***

Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: [phone]
Email: [e-mail]

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.

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Source

BlueNord ASA

Provider

Oslo Børs Newspoint

Company Name

BLUENORD ASA, NORE ASA 19/27 8,00% USD STEP C SUB CONV, NORECO ASA 19/26 9,00% USD C

ISIN

NO0010379266, NO0010851520, NO0010870900

Symbol

BNOR

Market

Oslo Børs