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Regulatory press release

Akobo Minerals AB (publ) - Notice of transaction by PDMR

Akobo Minerals
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Oslo, Norway - 05 November 2024 - Reference is made to the stock exchange announcement published by Akobo Minerals AB (publ) (the "Company") earlier today regarding the issuance of an unsecured convertible loan totalling NOK 25.3 million.

Members of the board of directors and management participated in the loan issuance as detailed below:

Esmar AS, a company closely associated with Carl Eide, member of the board of directors and primary insider in the Company, contributed with NOK 2,300,000

Pir Invest Holding AS, a company closely associated with Hans Olav Torsen, chairman of the board of directors and primary insider in the Company, contributed with NOK 1,000,000

Kanoka Invest AS, a company closely associated with Jørgen Evjen, CEO and primary insider in the Company, contributed with NOK 300,001.

This information is subject to the disclosure requirements in article 19 of the European Market Abuse Regulation (EU 596/2014) and section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:

Jørgen Evjen, CEO, Akobo Minerals

Mob: (+47) 92 80 40 14

Mail: jorgen@akobominerals.com

LinkedIn: www.linkedin.com/company/akobominerals

Web: www.akobominerals.com

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