BlueNord: Option Exercise - Issue of New Shares

28 May 2024 18:39 CEST

Oslo, 28 May 2024: BlueNord ASA ("BlueNord" or the "Company") announces that a
former member of the Company's board of directors has exercised 100,000 options
at a strike price of NOK 160 per share. As a result of the exercise, the Company
will deliver 95,021 already issued treasury shares and 4,979 new shares. The
board of directors has consequently resolved to issue 4,979 new shares at a
subscription price of NOK 160 per share, pursuant to the authorsation to the
board to issue new shares as granted by the Company's annual general meeting on
14 May 2024.

Following the issue of the new shares, the Company's share capital will be NOK
14,149,378.173826 consisting of 26,210,828 shares each with a par value of NOK
0.5398295.

Following the exercise of options, 273,368 options remain outstanding in the
Company and the Company owns no treasury shares.


This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

***

Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and  developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium (DUC) that is responsible for oil and gas
production in the Danish North Sea. BlueNord is listed on the Oslo Stock
Exchange and trades under the ticker "BNOR". For further information, please
visit: www.bluenord.com.

More information:
Access the news on Oslo Bors NewsWeb site