Mandatory Notification of Insider Trade Submission
Mandatory Notification of Trade
Please refer to the attached form of notification of transaction by primary insider under the DNO ASA Employee Synthetic Share Program.
This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3.
Attachment
- Form of Notification Cash Settlement Haakon Sandborg
Company Overview
DNO ASA is a company that specializes in oil and gas exploration and production. The company has a strong presence in various regions and continues to expand its operations to enhance shareholder value.
DNO ASA has recently undertaken several initiatives to improve transparency and compliance with regulatory standards, ensuring all insider transactions are reported according to legal requirements.
Recent Developments
In light of the evolving market conditions, DNO ASA is focusing on sustainable practices while optimizing its existing assets. This includes ongoing assessments of operational efficiency to maximize returns.
The company's strategic focus on growth through innovation and responsible resource management emphasizes its commitment to the environment and community engagement. DNO ASA aims to maintain its leadership position in the energy sector while adhering to ethical standards and regulatory frameworks.
Contact Information
For further inquiries, please reach out to DNO ASA's investor relations team via their official contact channels.
Frequently Asked Questions
1. What is the purpose of this mandatory notification?
The notification serves to inform relevant parties of a transaction made by a primary insider under the DNO ASA Employee Synthetic Share Program, ensuring compliance with legal standards.
2. What regulations govern this notification?
This notification is submitted in accordance with the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3, which require disclosure of insider transactions.
3. Who is the primary insider mentioned in the notification?
The primary insider refers to an individual, such as an executive or a board member of DNO ASA, involved in the transaction that necessitates legal disclosure.
4. How does this affect shareholders?
Shareholders can stay informed about insider transactions, providing them with insights into the company's operations and executive dealings, which may influence their investment decisions.
5. Where can I find more information about DNO ASA’s activities?
For more details regarding DNO ASA's activities and updates, stakeholders can monitor official communications released by the company and consult their investor relations resources.
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