29 Nov 2022 07:59 CET

Issuer

NorAm Drilling AS

Pactum AS has on Monday 28 November 2022 sold all its 2,673,034 shares in NorAm
Drilling AS, to Pactum AS’ 100% owned subsidiary Seabulk AS, at NOK 57.52 per
share (the closing market price on Euronext Growth Oslo).

Fearnley Securities AS and Pareto Securities AS, NorAm Drilling AS’ managers in
connection with its admission to trading on Euronext Growth Oslo on 7 October
2022, have released Pactum AS from its lock-up obligations in connection with
the trade described above, on the grounds that Seabulk AS is a 100% owned
subsidiary of Pactum AS and that Seabulk AS has assumed the exact same lock-up
obligations as Pactum AS originally had towards the managers.

For further information, please contact:

Pactum AS
+47 23 11 88 40

Fearnley Securities AS
+47 22 93 60 00

Pareto Securities AS
+47 22 87 87 00


Source

NorAm Drilling AS

Provider

Oslo Børs Newspoint

Company Name

NORAM DRILLING AS

ISIN

NO0010360019

Symbol

NORAM

Market

Euronext Growth