TR-1: Standard form for notification of major holdings

TORONTO, ON / ACCESSWIRE / February 9, 2024 /

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:

ECO (ATLANTIC) OIL & GAS LTD

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer

X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
NameAvanza Bank Holding AB (556274-8458)
City and country of registered office (if applicable)Stockholm, Sweden
4. Full name of shareholder(s) (if different from 3.) v
NameFörsäkringsaktiebolaget Avanza Pension (516401-6775)
City and country of registered office (if applicable)Stockholm, Sweden
5. Date on which the threshold was crossed or reached vi:08-02-2024
6. Date on which issuer notified (DD/MM/YYYY):09-02-2024
7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached2.8225002.8225010 448 169

Position of previous notification (if

applicable)

3.10980603.109806
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix% of voting rights

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

CA27887W1005 10 448 169 2.82250
SUBTOTAL 8. A

10 448 169

2.82250

B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrumentExpiration
date x
Exercise/
Conversion Period xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrumentExpiration
date x
Exercise/
Conversion Period xi

Physical or cash

Settlement xii

Number of voting rights% of voting rights
SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv

Name xv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
Försäkringsaktiebolaget Avanza Pension is a fully owned subsidiary of Avanza Bank Holding AB (publ). It is underlying policy takers who have purchased the shares.
Place of completionStockholm, Sweden
Date of completion09-02-2024

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SOURCE: Eco (Atlantic) Oil and Gas Ltd.



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