The company

Black Sea Property AS

Oslo-listed, invested on the Black Sea

Founded on 19 January 2015. The purpose in the articles is to own, manage and invest in real estate, and any business naturally related to that.

The office is in Oslo. The subsidiaries are in Bulgaria, where the activity is Sunrise River Beach Resort at Aheloy. The shares trade on Euronext Growth Oslo as BSP, ISIN NO0013685750.

Nessebar on the Black Sea
Boats off Sozopol
Egil Redse Melkevik

Chairman and CEO

Working chairman since October 2016, and a board member since November 2015. He is also the company's chief executive. More than 28 years as owner and executive in Norwegian businesses, including leadership and compliance roles in financial institutions. He is Head of HR and Supply Chain Manager at Imenco Bauer Hydraulics. Current directorships include Aheloy Beach Commercial AS (chair), Dyno Eiendom ANS (chair), Erm Finans AS (chair), MTB Invest AS (chair) and Realkapital European Opportunity Invest AS. MSc in Economics and Business Administration, University of Agder, 1993. Born 1966.

Kåre Rødningen

Board member

Board member since November 2015. Self-employed since 2001, with experience from financial investments. He chairs Rødningen Invest AS. Born 1967.

Hans Fredrik Gulseth

Board member

Board member since June 2015. Long experience managing, developing and investing in real estate, including as a director at Storebrand Eiendom and as project lead at Nils-Nilsen, Berntsen og Boe AS and Ragnar Evensen AS. Self-employed in Christinedal AS since 2012. Other current roles include Cava Eiendom DA (chair), Kampen AS (chair), Aheloy Beach Commercial AS and Ekornrud Eiendom AS. MSc in Civil Engineering, Norwegian University of Science and Technology. Born 1946.

Dag Espen Arnesen

Board member

Board member since June 2021. More than 35 years in investing, corporate finance and real estate, with earlier management roles at Kloster Shipping Company, Fearnley Finans, Christiania Fonds, Coopers & Lybrand and Schøyen Group. He chairs North Bridge Agri Invest and sits on the board of NB Agri Ltd. Master's degree in economics from the Norwegian School of Economics.

914 892 902

Organisation number

NOK 23.1m

Share capital

4

Directors, 2025 annual report

BSP

Euronext Growth Oslo

The resort

The asset

Sunrise River Beach, held through EPO Aheloy.

Investors

The share

Price, notices, reports and the shareholder register.