Panoro Energy ASA ("Panoro" or the "Company") (OSE:
PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company's common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS.
For the period from and including 29 November - 06 December 2024, Panoro purchased a total of 204,100 shares at an average price of NOK 26.9816 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during the period.
Transaction overview
29 November 24
Trading Venue: OSE
Volume: 70,000
Weighted average share price (NOK): 26.5857
Total daily cumulative: 1,860,999
02 December 24
Trading Venue: OSE
Volume: 37,100
Weighted average share price (NOK): 26.6848
Total daily cumulative: 990,006
03 December 24
Trading Venue: OSE
Volume: 37,000
Weighted average share price (NOK): 27.6786
Total daily cumulative: 1,024,108
05 December 24
Trading Venue: OSE
Volume: 30,000
Weighted average share price (NOK): 27.3851
Total daily cumulative: 821,553
06 December 24
Trading Venue: OSE
Volume:30,000
Weighted average share price (NOK):27.0090
Total daily cumulative:810,270
Period total
Trading Venue: OSE
Volume: 204,100
Weighted average share price (NOK): 26.9816
Total daily cumulative: 5,506,936
Previously disclosed buy - backs under the programme
(accumulated)
Trading Venue: OSE
Volume: 1,281,500
Weighted average share price (NOK): 31.8821
Total daily cumulative: 40,856,871
Program total
Trading Venue: OSE
Volume:1,485,600
Weighted average share price (NOK):31.2088
Total daily cumulative: 46,363,807
The issuer's holding of own shares: 1,485,600
Following the completion of the above transactions, Panoro owned a total of 1,485,600 of its own shares, corresponding to 1.27% of Panoro's share capital.
Appendix:
An overview of all transactions made under the Company's repurchase program and its agreement with Arctic Securities that have been carried out during the
above-mentioned time period is attached to this report and available at www.newsweb.no.
