PANORO ENERGY ASA 12 Jul 2024 17:21 CEST
Panoro Energy ASA
Oslo, 12 July 2024 - Panoro Energy ASA ("Panoro" or the "Company") (OSE: PEN)
initiated a share buyback program May 23, 2024 to repurchase up to NOK 100
million in value of the Company's common shares in open market transactions on
the OSE pursuant to an agreement with Arctic Securities AS.
For the period from and including 8 July through 12 July 2024, Panoro purchased
a total of 25,000 shares at an average price of NOK 33.7121 per share. The
transactions effected through the agreement with Arctic comprise all the
transactions effected by or on behalf of the Company during the period.
Transaction overview
+-----------------------------+-------+-------+-----------------+-------------
----+
|Date |Trading|Volume |Weighted average |Total daily
|
| |Venue | |share price (NOK)|transaction
value|
| | | | |(NOK)
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|08 July 2024 |OSE |5,000 |33.8500 |169,250
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|09 July 2024 |OSE |5,000 |33.7835 |168,918
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|10 July 2024 |OSE |5,000 |33.7339 |168,670
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|11 July 2024 |OSE |5,000 |33.2885 |166,443
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|12 July 2024 |OSE |5,000 |33.9046 |169,523
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|Period total |OSE |25,000 |33.7121 |842,804
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|Previously disclosed buy-buys|OSE |699,000|34.3541 |24,013,524
|
|under the programme | | | |
|
|(accumulated) | | | |
|
+-----------------------------+-------+-------+-----------------+-------------
----+
|Program total |OSE |724,000|34.3320 |24,856,328
|
+-----------------------------+-------+-------+-----------------+-------------
----+
The issuer's holding of own shares: 724,000
Following the completion of the above transactions, Panoro owned a total of
724,000 of its own shares, corresponding to 0.62% of Panoro's share capital.
Appendix:
An overview of all transactions made under the Company's repurchase program
and its agreement with Arctic Securities that have been carried out during the
above-mentioned time period is attached to this report and available at
www.newsweb.no
Contact information
For further information, please contact: investors@panoroenergy.com
About Panoro
Panoro Energy ASA is an independent exploration and production company based in
London and listed on the main board of the Oslo Stock Exchange with the ticker
PEN. Panoro holds production, exploration and development assets in Africa,
namely interests in Block-G, Block S and Block EG-01 offshore Equatorial Guinea,
the Dussafu Marin License offshore southern Gabon, the TPS operated assets, Sfax
Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia, and
onshore Technical Co-operation Permit 218 in South Africa.
Visit us at www.panoroenergy.com.
Follow us on LinkedIn (https://www.linkedin.com/company/panoro-energy)
More information:
Access the news on Oslo Bors NewsWeb site
623593_Panoro_Energy_ASA_Announces_Transactions_Made_Under_the_Company_s_Share_Buyback_Program.pdf
623593_PEN_Appendix_Buyback_transactions_list_08_12_Jul_2024.pdf
Panoro Energy ASA
Oslo Børs Newspoint
PANORO ENERGY
NO0010564701
PEN
Oslo Børs
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Disclaimer
Panoro Energy ASA published this content on 12 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2024 15:27:01 UTC.
