BlueNord: Issue of New Shares Following Option Exercise

BlueNord: Issue of New Shares Following Option Exercise

Issuer

BlueNord ASA

Oslo, 22 August 2024: Further to the announcement dated 22 August 2024 regarding
the exercise of 3,500 options by board member Tone Kristin Omsted, BlueNord ASA
("BlueNord" or the "Company") announces that the Company's board of directors
has consequently resolved to issue 3,500 new shares at a subscription price of
NOK 160 per share, pursuant to the authorisation to the board to issue new
shares as granted by the Company's annual general meeting on 14 May 2024.

Following the issue of the new shares, the Company's share capital will be NOK
14,304,747.58188 consisting of 26,498,640 shares each with a par value of NOK
0.5398295.

Following the exercise of options, 0 options remain outstanding in the Company.

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

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Contact:
Cathrine Torgersen, Chief Corporate Affairs Officer
Phone: +47 915 28 501
Email: [email protected]

About BlueNord ASA
BlueNord is a strategically important European oil and gas company that
specialises in producing and developing energy resources, and in activities
which support the energy transition. The Company has a 36.8 percent interest in
the Danish Underground Consortium (DUC) that is responsible for oil and gas
production in the Danish North Sea. BlueNord is listed on the Oslo Stock
Exchange and trades under the ticker "BNOR". For further information, please
visit: www.bluenord.com.

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