Risøyhamn, 9th ofJanuary 2024 Leonhard Nilsen og Sønner - Eiendom AS ("LNSE") has today 9th sold 2,000,000 shares inRana Gruber ASA (the "Company"). Prior to the sale, LNSE owned 7,589,265 shares in the Company equalling 20.46% of the total share capital and voting rights in the Company. Following the sale, LNSE has 5,589,265 shares remaining in the Company equalling 15.1% of the total share capital and voting rights.Frode Nilsen is the CEO of LNSE and has 100% ownership in Tuncomp AS, which owns 28,59% of the outstanding shares in LNSE. LNSE has entered into a 180 day lock-up agreement for the remaining shares. The consideration will be used to finance a generational transition in LNSE. This notification is made public pursuant to section 4-2 of the Norwegian Securities Trading Act.
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