Atlantic Petroleum - Changes in Major Shareholders Holdings
P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) today announces that the Betri Group has reduced the holdings to below 5% capital.

Today March 9, 2022, Betri Banki P/F has sold a total of 26,004 shares in Atlantic Petroleum P/F. Thereby reducing the Betri Group holdings of shares in Atlantic Petroleum to 180.626 shares corresponding to 4.88%.

Atlantic Petroleum in brief:

Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company has subsidiaries and offices in the UK and Ireland. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen.

Further Details:

Further details can be obtained from Mark T. Højgaard, (markh@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.

Announcement no.: 1/2022

Issued: 09-03-2022

P/F Atlantic PetroleumLucas Debesargøta 8 P.O.Box 1228 FO-110 Torshavn Faroe Islands

Website: www.petroleum.fo

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