SED Energy Holdings Plc: Grant of share options to primary insiders

26 Jun 2025 07:00 CEST

Nicosia, Cyprus - June 26, 2025 - The Board of Directors of SED Energy
Holdings Plc ("Energy Holdings" or the "Company") has resolved to issue
17,122,369 new options under the Company's share option program. The following
primary insiders have been allocated the following number of options:

* Kurt Waldeland (Board of Directors and CEO of Energy Holdings): 3,951,316
options.
* Marcus Chew (Board of Directors and CEO of Energy Drilling): 5,268,421
options.
* Viggo Pedersen (CFO of Energy Drilling): 3,951,316 options.
* Luc Plouzennec (COO of Energy Drilling): 3,951,316 options.

The option awards to Marcus Chew, Viggo Pedersen and Luc Plouzennec represent
a continuation of their previous incentive arrangements and are effectively a
transfer of their outstanding options in Energy Drilling prior to the merger
with Seabird Exploration Plc.

Please refer to the attached PDMR Forms for further details.

For further information, please contact: ir@energyholdings.cy

About Energy Holdings
Energy Holdings is a strong industrial partner with a diversified portfolio of
resilient, cash-generative assets supported by a conservative capital
structure, a robust revenue backlog and a conservative capital structure. With
a solid foundation for attractive capital returns, Energy Holdings' primary
focus is on distributing all excess liquidity to shareholders, while also
pursuing disciplined, value-accretive growth. Its current portfolio includes
wholly owned subsidiaries Energy Drilling, a leading owner and operator of
tender assisted drilling rigs, and SeaBird Exploration, a global provider of
marine seismic acquisition data to the oil and gas industry. For more
information, please visit www.energyholdings.cy.

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

More information:
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650072_PDMR Form Energy Holdings 250625.pdf