Oslo, 12 July 2023: Reference is made to the implementation of BlueNord ASA's
(«BlueNord» or the «Company») Long-Term Incentive Scheme ("LTI") as announced on
19 September 2022.
Under the LTI programme an additional 87,637 BlueNord shares have been granted
of which the BlueNord executive team has been allocated the following:
· Euan Shirlaw: granted a maximum of 11,488 shares, with total allocation of
performance shares of maximum 41,680 shares under the LTI. In addition, Shirlaw
has the right to receive 60,014 retention shares.
· Marianne Eide: granted a maximum of 7,236 shares, with total allocation of
performance shares of maximum 26,128 shares under the LTI. In addition, Eide has
the right to receive 26,406 retention shares in the Company and she owns 1,800
ordinary shares.
· Cathrine F. Torgersen: granted a maximum of 5,944 shares, with total
allocation of performance shares of maximum 21,505 shares under the LTI. In
addition, Torgersen has the right to receive 20,404 retention shares in the
Company and she owns 2,200 ordinary shares.
· Jacqueline Lindmark Boye: granted a maximum of 6,211 shares, with total
allocation of performance shares of maximum 10,506 shares under the LTI.
Vesting will occur over a three-year period, with the entitlement to and number
of shares determined on an annual basis. See announcement on 19 September 2022
and the Executive Remuneration Report 2022 for further information about the
terms of the LTI and the Retention Scheme.
This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19 and Section 5-12 the Norwegian Securities
Trading Act.
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Contact:
Cathrine Torgersen, EVP Investor Relations & ESG
Phone: +47 915 28 501
Email: cathrine.torgersen@bluenord.com
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 operates in the Danish North
Sea with a 36.8 percent interest in the Danish Underground Consortium (DUC).
BlueNord is listed on the Oslo Stock Exchange and trades under the ticker
"BNOR". For further information, please visit: www.bluenord.com.