DNO ASA: Notification - Holding of Synthetic Shares
Oslo, 6 November 2015 - DNO ASA ("DNO") announces that on 6 November 2015 the
following primary insiders have acquired synthetic shares in DNO under the
Employee Share Saving Scheme (the "Scheme") at a price of NOK 6.16 per synthetic
share based on the closing price on 5 November 2015:
+--------------+---------------+--------------+-----------------+--------------+
| | |Synthetic |Total number of |Total holding |
|Name |Title |shares |sold/settled |of synthetic |
| | |purchased |synthetic shares |shares |
+--------------+---------------+--------------+-----------------+--------------+
|Scott North |General Manager| | | |
| |Yemen | 6 176 | -| 38 572 |
+--------------+---------------+--------------+-----------------+--------------+
|Michel Pick |General Manager| | | |
| |Tunisia | 21 217 | -| 64 499 |
+--------------+---------------+--------------+-----------------+--------------+
|Jeroen Regtien|Chief Operating| | | |
| |Officer | 9 403 | -| 22 636|
+--------------+---------------+--------------+-----------------+--------------+
|Haakon |Chief Financial| | | |
|Sandborg |Officer | 2 434 | -| 22 492|
+--------------+---------------+--------------+-----------------+--------------+
|David Thorpe |General Manager| | | |
| |Ras Al Khaimah | 4 139 | -| 25 200|
+--------------+---------------+--------------+-----------------+--------------+
|Claes Åbyholm |General Counsel| 3 651 | -| 9 762|
+--------------+---------------+--------------+-----------------+--------------+
|Steven van |General Manager| | | |
|Rossem |Oman | 3 449 | -| 3 449 |
+--------------+---------------+--------------+-----------------+--------------+
Note that the total holding of synthetic shares in the Scheme is affected by
bonuses awarded as contribution to the Scheme and matching synthetic shares.
--
Oslo, 6 November 2015
DNO ASA
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1964811]