Panoro Energy ASA - Announces Transactions Made Under the Company's Share Buyback Program
Oslo, 24 December 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 19 December - 23 December 2025, Panoro purchased a total of 200,000 shares at an average price of NOK 19.5212 per share.
Transaction overview
+--------------+-------+---------+-----------------+-----------------------+ |Date |Trading|Volume |Weighted average |Total daily cumulative | | |Venue | |share price (NOK)|transaction value (NOK)| +--------------+-------+---------+-----------------+-----------------------+ |19 December |OSE |75,000 |19.4781 |1,460,858 | |2025 | | | | | +--------------+-------+---------+-----------------+-----------------------+ |22 December |OSE |75,000 |19.4988 |1,462,410 | |2025 | | | | | +--------------+-------+---------+-----------------+-----------------------+ |23 December |OSE |50,000 |19.6196 |980,980 | |2025 | | | | | +--------------+-------+---------+-----------------+-----------------------+ |Period total | |200,000 |19.5212 |3,904,248 | +--------------+-------+---------+-----------------+-----------------------+ |Previously | |1,419,250|23.3427 |33,129,059 | |disclosed | | | | | |buybacks | | | | | |under the | | | | | |program | | | | | |(accumulated) | | | | | +--------------+-------+---------+-----------------+-----------------------+ |Share Buy-back| |1,619,250|22.8707 |37,033,307 | |Total * | | | | | +--------------+-------+---------+-----------------+-----------------------+
* The commission cost to date for the share buy-back program amounts to NOK 74,066.
Program total cost: NOK 37,107,373
The issuer's holding of own shares: 1,309,380
Following the completion of the above transactions, Panoro owned a total of 1,309,380 of its own shares, corresponding to 1.15421% 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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