Electromagnetic Geoservices ASA (EMGS) has today,
Tuesday 19 January 2016, sold 11,851,463 shares,
representing 9.96% of the outstanding shares in North
Energy ASA (NORTH) at a price of NOK 1.02 per share,
and thereby crossed below the 5% threshold.
Following this transaction, EMGS holds no shares in
NORTH.