Söndag 14 September | 10:01:16 Europe / Stockholm
2025-09-12 17:18:53

Oslo, 12 September 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 08 September - 12 September 2025, Panoro purchased a total of 70,000 shares at an average price of NOK 22.9749 per share.

Transaction overview

Date

Trading Venue

Volume

Weighted average share price (NOK)

Total daily cumulative transaction value (NOK)

12 September 2025

OSE

70,000

22.9749

1,608,243

 

Period total

 

 

70,000

22.9749

1,608,243

Previously disclosed buybacks under the program (accumulated)

 

894,250

24.2372

21,674,073

Share Buy-back Total *

 

964,250

24.1455

23,282,316

* The commission cost to date for the share buy-back program amounts to NOK 46,565.

Program total cost: NOK 23,328,881

 

The issuer's holding of own shares: 654,380

Following the completion of the above transactions, Panoro owned a total of 654,380 of its own shares, corresponding to 0.57683% 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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