Mandatory Notification of Trade by a Close Associate of a Primary Insider
United Kingdom, 5 September 2022
The following Close Associate of a primary insider in RAK Petroleum plc has
transferred beneficial interests in shares in RAK Petroleum plc:
AAH Holding Limited, a close associate of Amir Ali Handjani, Board Member, has
transferred the beneficial interests in 2,500,000 shares in RAK Petroleum plc to
a trust for the benefit of his heirs for nil consideration.
For further details please see the attached Notification.
For further queries, please contact:
Kevin Toner
Managing Director RAK Petroleum plc
Email: kevin.toner@rakpetroleum.uk
About RAK Petroleum plc
RAK Petroleum plc is an Oslo Stock Exchange listed oil and gas investment
company established under the laws of England and Wales as a public limited
company. Its principal holdings are 44.94 percent of DNO ASA and 33.33 percent
of Foxtrot International LDC held through Mondoil Enterprises, LLC. DNO ASA is a
Norwegian oil and gas operator focused on the Middle East and the North Sea.
Founded in 1971 and listed on the Oslo Stock Exchange, DNO holds stakes in
onshore and offshore licences at various stages of exploration, development and
production in the Kurdistan region of Iraq, Norway, the United Kingdom,
Netherlands, Ireland and Yemen. Foxtrot International LDC is a privately- held
company active in West Africa whose principal asset is a 27.27 percent interest
in and operatorship of Block CI-27 offshore Côte d'Ivoire.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.