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Thursday, 20 April 2017

North Energy ASA - Mandatory notifications of trade and disclosure of shareholding

North Energy    

Published: 13:03 CEST 20-04-2017 /GlobeNewswire /Source: North Energy / : NORTH /ISIN: NO0010550056

North Energy ASA - Mandatory notifications of trade and disclosure of shareholding

Oslo, 20 April 2017

Anders Onarheim, Chairman of the Board of Directors of North Energy ASA, has purchased 600,000 shares at NOK 1.80 per share via his fully owned company AB Investment AS. The total number of shares beneficially owned by Onarheim after the transaction is 18,267,721, which equals 15.34% ownership in North Energy ASA.

Rachid Bendriss, financial advisor to North Energy ASA and primary insider, has purchased 300,000 shares at NOK 1.80 per share via his fully owned company Celisa Capital AS. The total number of shares beneficially owned by Bendriss after the transaction is 7,100,000, which equals 5.96% ownership in North Energy ASA.

Didrik Leikvang, financial advisor to North Energy ASA and primary insider, has purchased 300,000 shares at NOK 1.80 per share via his fully owned company Isfjorden AS. The total number of shares beneficially owned by Leikvang after the transaction is 5,464,371, which equals 4.59% ownership in North Energy ASA.

Knut Sæberg, CEO of North Energy ASA, has purchased 50,000 shares at NOK 1.80. Total number of shares owned after the transaction is 818,822, which equals 0.69% ownership in North Energy ASA.

 

For further information, please contact:

Knut Sæberg, CEO

(+47) 918 00 720 | Email: knut.saeberg@northenergy.no

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




This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: North Energy, Postboks 1243,, Alta 9504
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