Havila Shipping ASA: Mandatory notification of trade

30 Dec 2024 11:00 CET

Reference is made to the stock exchange announcement on 30 December 2024
regarding conversion of debt to shares.
Havila Holding AS, close associate of Havila Shipping board member Hege Sævik
Rabben and CEO Njål Sævik,
has pursuant to the restructuring agreements converted part of its liquidity
loan to 128,111,385 shares at a price of NOK 0.36 per share.
Following the Debt Conversion, Havila Holding AS owns 140,227,951 shares and
thereby maintaining its holding of 50.96% of the shares in the company.

Please see attached primary insider notification form pursuant to the
requirements of the Market Abuse Regulation article 19.

Contacts:
Chief Executive Officer Njål Sævik, +47 909 35 722
Chief Financial Officer Arne Johan Dale, +47 909 87 706

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

More information:
Access the news on Oslo Bors NewsWeb site

635738_DisclosurePDMR301224.pdf