Mandatory Notification of Trades - Chairman Buys Shares in Panoro Energy ASA

03 Dec 2024 06:30 CET

Oslo, 3 December 2024 - Julien Balkany, Chairman of the Board of Panoro Energy
ASA (the "Company") on 2 December 2024 acquired 50,000 shares in the Company on
open market at a price per share of NOK 26.7945.  Following this transaction,
Mr. Balkany directly and indirectly controls 3,762,211 shares in the Company. In
addition to this, Mr. Balkany holds 48,000 options in the Company.

Further detail of the transaction is set forth in the attached notification.

This information is subject to the disclosure requirements pursuant to section 5
-12 and section 4-2 of the Norwegian Securities Trading Act.

Enquiries

Qazi Qadeer, Chief Financial Officer
Tel:     +44 203 405 1060
Email: investors@panoroenergy.com

About Panoro

Panoro Energy ASA is an independent exploration and production company based in
London and listed on the main board of the Oslo Stock Exchange with the ticker
PEN. Panoro holds production, exploration and development assets in Africa,
namely interests in Block-G, Block S, Block EG-01 and Block EG-23 offshore
Equatorial Guinea, the Dussafu Marin, Niosi Marin and Guduma Marin blocks
offshore southern Gabon, the TPS operated assets, Sfax Offshore Exploration
Permit and Ras El Besh Concession, offshore Tunisia, and onshore Exploration
Right 376 in South Africa.

Visit us at www.panoroenergy.com.

Follow us on LinkedIn (https://www.linkedin.com/company/panoro-energy)

More information:
Access the news on Oslo Bors NewsWeb site

633680_Mandatory_Notification_of_Trades_Chairman_Buys_Shares_in_Panoro_Energy_ASA.pdf
633680_031224_Insider_trades_reporting_JB_share_purchase.pdf