Argeo: Notification of transactions by primary insiders and their close associates

08 Feb 2023 21:08 CET

Asker, 8 February 2023: Reference is made to the stock exchange announcement
published by Argeo AS (the "Company" or "Argeo") (Euronext Growth: ARGEO) on 8
February 2023 announcing the final results of a subsequent offering of a total
of 3,124,368 new shares in the Company (the "Subsequent Offering").

Argeo has received the following notifications of transactions from persons
discharging managerial responsibilities and their close associates following the
Subsequent Offering:

• Trond Crantz (through his company Ascent AS) was allocated a total of
1,200,000 shares for a price per share of NOK 1.65.
• Odd Erik Rudshaug (through his company OER Consulting AS) was allocated a
total of 61,000 shares for a price per share of NOK 1.65.
• Kenneth Gundersen was allocated a total of 20,000 shares for a price per share
of NOK 1.65.

The notifications concerning the above transactions in the Subsequent Offering
is attached hereto.

Disclosure regulation
This information is subject to the disclosure requirements pursuant to the
Company's continuing obligations as a company listed on Euronext Growth Oslo and
the disclosure requirements pursuant to Regulation EU 596/2014 (MAR) article 19
number 3.

For more information, please contact:
Trond Figenschou Crantz, CEO Argeo AS
Email: trond.crantz@argeo.no
Phone: +47 976 37 273

About Argeo | www.argeo.no
Argeo is an Offshore Service company with a mission to transform the ocean
surveying and inspection industry by utilizing autonomous surface and underwater
robotics solutions. Equipped with unique sensors and advanced digital imaging
technology, the Autonomous Underwater Vehicles (“AUVs”) will significantly
increase efficiency and imaging quality in addition to contribute to significant
reduction in CO2 emissions from operations for the global industry in which the
Company operates.

The Company’s highly accurate digital models and digital twin solutions are
based on geophysical, hydrographic, and geological methods from shallow waters
to the deepest oceans for the market segments Oil & Gas, Renewables, Marine
Minerals and Offshore Installations. Argeo was established in 2017 and has
offices in Asker (Oslo), Tromsø, Stockholm, Houston, and Singapore. Since its
incorporation, Argeo has carried out complex projects for some of Norway’s
largest companies in the field.

The Company is listed on Euronext Growth Oslo under the ticker code: "ARGEO".

More information:
Access the news on Oslo Bors NewsWeb site

581752_PDMR Notification - OER Consulting AS.pdf
581752_PDMR Notification - KG.pdf
581752_PDMR Notification - Ascent AS.pdf