Disclosure of significant shareholding in Atlantic Sapphire ASA

17 Apr 2023 13:55 CEST

This disclosure is made pursuant to Chapter 4, Section 4-1 of the Norwegian
Securities Trading Act, and the stock exchange notices from Atlantic Sapphire
ASA regarding a private placement of new shares and the decision by the
Company's extraordinary general meeting held on 11 April 2023 to approve the
share capital increases in connection with the Private Placement.

On 11 April 2023, the Pelham Long/Short Small Cap Master Fund Ltd was allocated
9,217,195 new shares of Atlantic Sapphire ASA in the private placement, and it
now has an aggregate holding of 26,451,153 shares which represents 9.71% of the
shares outstanding and voting rights of Atlantic Sapphire ASA, using the
denominator of 27,266,409 shares.

The shares are owned by the Pelham Long/Short Small Cap Master Fund Ltd which is
a collective undertaking controlled by the Investment Manager, Pelham Capital
Ltd.

Pelham Capital Ltd has discretionary authority for the management of another
collective undertaking which holds 1,954,344 shares. In aggregate Pelham Capital
Ltd exercises control over 28,405,497 shares which represent 10.43% of the
shares outstanding and voting rights of Atlantic Sapphire ASA.

If you have any questions with respect to this notification, please contact
Fergus Lee, Compliance Officer of Pelham Capital Ltd via email at
flee@pelhamcapital.com

More information:
Access the news on Oslo Bors NewsWeb site