Mandatory notification of trade

07 Jun 2024 13:13 CEST

Oslo, 7 June 2024. Reference is made to the stock exchange announcement
published by Baltic Sea Properties AS ("BALT" or the "Company", and together
with the Company's subsidiaries, "BSP") on 31 May 2024 regarding the successful
private placement and conditional allocation of up to 1,781,395 new shares (the
"Offer Shares") in the Company at a subscription price of NOK 49.00 per Offer
Share (the Subscription Price) (the "Private Placement").

Following the approval of the Private Placement by the Company's Annual General
Meeting the following primary insiders have subscribed for, and been allocated,
Offer Shares in the Private Placement at the Subscription Price as follows:
- UAB Baltic Equity, a company controlled by James Andrew Clarke (Chairman of
the Board) was allocated and subscribed for 1,448,979 Offer Shares
(approximately NOK 70,999,971).

- Arthen Invest AS, a company controlled by Lars Christian Berger (CEO), was
allocated and subscribed for 11,836 Offer Shares (NOK 579,964).

Primary insider notifications pursuant to the EU Market Abuse Regulation Article
19 are attached.

For further information, please contact:
Lars Christian Berger
CEO
Phone: +47 930 94 319
Email: Lcb@balticsea.no

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act, EU Market Abuse Regulation Article
19 and Euronext Growth Oslo Rule Book II.

More information:
Access the news on Oslo Bors NewsWeb site

620971_Skjema for melding om transaksjoner utført av personer med ledelsesansvar («primærinnsidere») og deres nærsta°ende (KRT-1500) (1).pdf
620971_Skjema for melding om transaksjoner utført av personer med ledelsesansvar («primærinnsidere») og deres nærsta°ende (KRT-1500).pdf