Oslo, 12 April 2024: 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 90,234 BlueNord shares have been granted
of which the BlueNord executive team has been allocated the following:
· Euan Shirlaw: granted a maximum of 13,187 shares, with total allocation of
performance shares of maximum 47,319 shares under the LTI. In addition, Shirlaw
has the right to receive 60,014 retention shares and he owns 3997 ordinary
shares.
· Marianne Eide: granted a maximum of 6,610 shares, with total allocation of
performance shares of maximum 28,015 shares under the LTI. In addition, Eide has
the right to receive 26,406 retention shares in the Company and she owns 4,654
ordinary shares.
· Cathrine F. Torgersen: granted a maximum of 5,174 shares, with total
allocation of performance shares of maximum 22,789 shares under the LTI. In
addition, Torgersen has the right to receive 20,404 retention shares in the
Company and she owns 3,782 ordinary shares.
· Jacqueline Lindmark Boye: granted a maximum of 6,592 shares, with total
allocation of performance shares of maximum 16,024 shares under the LTI. Boye
owns 552 ordinary shares.
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 2023
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, Chief Corporate Affairs Officer
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.