SeaBird Exploration Plc - Major shareholding notification

26 May 2025 23:15 CEST

26.5.2025 23:15:01 CEST | Seabird Exploration Plc | Additional regulated
information required to be disclosed under the laws of a member state

26 May 2025: Reference is made to the stock exchange announcement on 26 May 2025
regarding the completion of the combination of SeaBird Exploration Plc ("SeaBird
Exploration") and Energy Drilling Pte Ltd ("Energy Drilling") in a
share-for-share acquisition to create SED Energy Holdings Plc ("Energy Holdings"
or the "Company") (the "Transaction").

As part of the Transaction, Pioneer Logistics Holdings Pte. Ltd. ("Pioneer
Logistics"), HV VI Invest Uraz Limited ("HV VI Invest"), Energy Ventures IV LP.
("Energy Ventures") and Globalfund Capital Pte. Ltd. ("Globalfund Capital") has
today subscribed for shares in the Company as set out below:

* Pioneer Logistics: 185,300,179 ordinary shares and 108,100,000 class
B-shares, each with a nominal value of EUR 0.17. The B-shares are without
voting rights. Following completion of the Transaction, Pioneer Logistics
will hold a total of 293,400,179 shares in the Company, representing
approximately 40.41% of the share capital and 29.99% of the votes in the
Company.
* HV VI Invest: 181,761,484 ordinary shares, each with a nominal value of EUR
0.17. Following completion of the Transaction, HV VI Invest will hold a total
of 181,761,484 ordinary shares in the Company, representing approximately
25.04% of the share capital and 29.42% of the votes in the Company.
* Energy Ventures: 83,157,067 ordinary shares, each with a nominal value of EUR
0.17. Following the completion of the Transaction, Energy Ventures will hold
a total of 83,157,067 ordinary shares in the Company, representing
approximately 11.45% of the share capital and 13.46% of the votes in the
Company.
* Globalfund Capital: 55,557,755 ordinary shares, each with a nominal value of
EUR 0.17. Following completion of the Transaction, Globalfund Capital will
hold a total of 55,557,755 ordinary shares in the Company, representing
approximately 7.65% of the share capital and 8.99 % of the votes in the
Company.

The foregoing calculations are based on 725,984,552 outstanding shares in the
Company following completion of the Transaction, of which 617,884,552 are
ordinary shares and 108,100,000 are non-voting class B-shares.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the
Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading
Act.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/18543378/6132/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

647550_Download announcement as PDF.pdf