16.11.2015 08:00:00 CET

North Energy - Disclosure of large shareholding

Anders Onarheim, Chairman of the Board of Directors of North Energy ASA, has on 13. November 2015 purchased 3.728.274 shares at NOK 1.05 per share via his fully owned company AB Investment AS. 

Anders Onarheim is associated with Isfjorden AS, which owns a total of 8.570.651 shares (7.2%) in North Energy ASA. Through Isfjorden AS, Anders Onarheim has a beneficial ownership of 1.350.171 shares in North Energy ASA.

The total number of shares beneficially owned by Onarheim after the transaction is 6.428.445, which equals 5.4% ownership in North Energy ASA.

For further information, please contact:

Knut Sæberg
Acting CEO
(+47) 918 00 720

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