Torsdag 18 September | 10:43:00 Europe / Stockholm
2025-07-25 18:00:00

Oslo, 25 July 2025 - Panoro Energy ASA ("Panoro" or the "Company") (OSE: PEN) initiated a share buyback program on June 02, 2025, to repurchase up to NOK 100 million in value of the Company's common shares in open market transactions on the OSE.

For the period from and including 18 July - 25 July 2025, Panoro purchased a total of 94,250 shares at an average price of NOK 23.7883 per share.

Transaction overview
Date Trading Venue Volume Weighted average share price (NOK) Total daily cumulative transaction value (NOK)
18-25 July 2025 OSE 94,250 23.7883 2,242,048
Period total 94,250 23.7883 2,242,048
Previously disclosed buy-backs under the program (accumulated) 500,000 24.1386 12,069,276
Share Buy-back Total * 594,250 24.0830 14,311,324

* The commission cost to date for the share buy-back program amounts to NOK 28,623. 

Program total cost: NOK 14,339,947
The issuer's holding of own shares: 284,380

Following the completion of the above transactions, Panoro owned a total of 284,380 of its own shares, corresponding to 0.2507% of Panoro's share capital.Appendix:An overview of all transactions made under the Company's repurchase program that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

Contact information

For further information, please contact: investors@panoroenergy.com

About Panoro

Panoro Energy ASA is an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely interests in Block-G, Block S, Block EG-01 and Block EG-23 offshore Equatorial Guinea, the Dussafu Marin, Niosi Marin and Guduma Marin Licenses offshore southern Gabon, the TPS operated assets in Tunisia and onshore Exploration Right 376 in South Africa.

Visit us at www.panoroenergy.com.

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