Mandatory Notification of Trade – Espen Lundaas

Reference is made to the stock exchange notice from Saga Tankers ASA (the " Company ") dated 20 October 2020 regarding completion of a private placement of new shares in the Company (the " Private Placement ").EL Investment AS, a company controlled by CEO and primary insider of the Company, Espen Lundaas, has on 20 October 2020 acquired 850,000 shares in the Company in the Private Placement at a price of NOK 1.30 per share.After the transaction, Espen Lundaas and associated companies have...

Oslo, 20/10/2020 (informazione.news - comunicati stampa - trasporti)

Reference is made to the stock exchange notice from Saga Tankers ASA (the " Company ") dated 20 October 2020 regarding completion of a private placement of new shares in the Company (the " Private Placement ").

EL Investment AS, a company controlled by CEO and primary insider of the Company, Espen Lundaas, has on 20 October 2020 acquired 850,000 shares in the Company in the Private Placement at a price of NOK 1.30 per share.

After the transaction, Espen Lundaas and associated companies have a holding of 1,850,000 shares in the Company.

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