Oslo, 31 May 2023: Funds managed by Kite Lake Capital Management (UK) LLP ("Kite
Lake"), close associate of Jan Lernout, a member of the board of directors of
BlueNord ASA ("BlueNord" or the "Company"), has on 31 May 2023 sold 202,827
shares in the Company at a price of NOK 384.50 per share. Following the
transaction, Kite Lake holds a total of 5,016,758 shares in the Company,
equivalent to approximately 19.15% of the Company's shares, excluding ownership
in outstanding convertible bonds issued by BlueNord. Please see attached
notification form in accordance with the Market Abuse Regulation article 19.
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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