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Panoro Energy ASA - Announces Transactions Made Under the Company's Share Buyback Program

Panoro Energy
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Oslo, 01 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 24 November - 28 November 2025, Panoro purchased a total of 75,000 shares at an average price of NOK 19.0474 per share.

Transaction overview

Date

Trading Venue

Volume

Weighted average share price (NOK)

Total daily cumulative transaction value (NOK)

28 November 2025

OSE

75,000

19.0474

1,428,555

 

Period total

 

 

75,000

19.0474

1,428,555

Previously disclosed buybacks under the program (accumulated)

 

1,244,250

23.8609

29,688,954

Share Buy-back Total *

 

1,319,250

23.5873

31,117,509

* The commission cost to date for the share buy-back program amounts to NOK 62,235.

Program total cost: NOK 31,179,744

The issuer's holding of own shares: 1,009,380

Following the completion of the above transactions, Panoro owned a total of 1,009,380 of its own shares, corresponding to 0.88976% 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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