Reference is made to the stock exchange notification at 16.30 CET today regarding the possible purchase of shares in OKEA ASA (the “Company“) in connection with the Company’s incentive program.
Based on received sales interest from shareholders, employees have on 5 January 2022 purchased a total of 1,063,156 shares in the Company. All shares are purchased at a price of NOK 27.00 per share (the “Purchase Price“), giving a total purchase price of NOK 28,705,212.
The following persons discharging managerial responsibilities (“PDMRs”) have purchased shares as set out below:
| Name | Position | Number of shares at the Purchase Price |
| Svein J. Liknes | CEO | 12,345 |
| Birte Norheim 1) | CFO | 13,995 |
| Knut Gjertsen | SVP Projects & Technology | 14,337 |
| Andrew McCann | SVP Subsurface | 12,199 |
| Trond Omdal | VP Investor Relations | 10,261 |
| Jan Atle Johansen | Board member | 3,476 |
| John Kristian Larsen | Board member | 7,812 |
| Anne Lene Rømuld | Board member | 6,800 |
| Ragnhild Aas | Deputy board member | 7,379 |
| Gro Anita Markussen | Deputy board member | 3,476 |
| Jens Arne Megaard | Deputy board member | 6,096 |
- Through her wholly owned company, Bino Consult AS
OKEA ASA is a leading mid-to-late-life operator on the Norwegian continental shelf (NCS) with a current target production of 18 000 – 19 000 boe per day in 2022. OKEA seeks value where others divest and has an ambitious growth strategy built on accretive M&A activities, value creation and capital discipline. OKEA is listed on the Oslo Stock Exchange (OSE: OKEA). More information is available at www.okea.no (http://www.okea.no)