Oslo, 8 December 2023: Reference is made to the BlueNord ASA's ("BlueNord" or
the "Company") convertible bond loan with ISIN NO0010851520 (the "BNOR13
Bonds").
The Company has received a conversion notice from a bondholder holding BNOR13
Bonds for an aggregate amount of USD 195,723, which pursuant to the bond terms
are convertible into 3,805 new shares in the Company at a conversion price of
USD 51.4307.
The share capital increase pertaining to the conversion of the BNOR13 Bonds has
today been registered in the Norwegian Register of Business Enterprises (Nw.:
Foretaksregisteret). Following such share capital increase, the Company's share
capital is NOK 14,146,690.3627455 divided into 26,205,849 shares, each with a
nominal value of NOK 0.5398295.
The new shares pertaining to the share capital increase are expected to be
recorded in the VPS and become tradable on the Oslo Stock Exchange later today.
***
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.