【4th of july raz vape】DNO ASA: Notification - Holding of Synthetic Shares

Oslo,4th of july raz vape 5 May 2016 - DNO ASA ("DNO") announces that on 5 May 2016 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 6.042 per synthetic share based on the closing price on 4 May 2016:

Name

Title

Synthetic shares Purchased

Total no of sold/settled synthetic shares

Total holding of synthetic shares

Claes Åbyholm

General Counsel

1 505

-

11 267

Haakon Sandborg

Chief Financial Officer

2 482

-

39 706

James Edens

Commercial Director

3 082

-

3 082

Jeroen Regtien

Chief Operating Officer

7 070

-

43 891

Scott North

General Manager Yemen

6 589

-

66 872

Steven van Rossem

General Manager Oman

3 561

-

22 617

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, 5, May 2016

DNO ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: DNO ASA via GlobeNewswire

HUG#2010104

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