Mandatory notification of trade

15 Mar 2023 16:46 CET

Notification by entity closely associated to persons discharging managerial
responsibilities.

Details of the person closely associated:
Petrolia Invest AS (org no 992 848 405)

The reason for the notification:
Petrolia Invest AS is a 100% owned Norwegian subsidiary of the Issuer

The name of the relevant issuer:
Petrolia SE (org no SE14).
LEI: 213800314VQ2TXFPB471

Description and the identifier of the financial instrument:
ISIN: CY0102630916
Ticker at EURONEXT Oslo Børs: “PSE”

The nature of the transaction(s):
Acquisition

The date and place of the transaction(s):
14 and 15 March 2023 at EURONEXT Oslo Børs

The price and volume of the transaction(s):
14 March 2023: 52,071 shares at NOK 4.1882 per share, Total NOK 218,083.45
15 March 2023: 47,929 shares at NOK 4.0308 per share, Total NOK 193,192.21

Total acquisition is thus 100,000 shares at an average cost of NOK 4.11276 per
share.
Total NOK 411,275.98


This information is subject to the disclosure pursuant to article 19 of the EU
Market Abuse Regulation, as implemented in the Norwegian Securities Trading Act.

Contact:
Sølve Nilsen (CFO)
Mobile: +47 951 79 269
Solve.nilsen@petrolia.eu

More information:
Access the news on Oslo Bors NewsWeb site