Magnora ASA

Magnora ASA: Exercising of share options under share incentive scheme

11.4.2022 00:30:16 CEST | Magnora ASA | Additional regulated information

required to be disclosed under the laws of a member state

Torstein Sanness, Chairman of Magnora ASA, has exercised 400,000 of his share

options in Magnora ASA. Following this acquisition, Sanness' remaining balance

of share options in Magnora ASA is 150,000.

Erik Sneve, CEO of Magnora ASA, has exercised 400,000 of his share options in

Magnora ASA. Following this acquisition, Sneve's remaining balance of share

options in Magnora ASA is 150,000.

John Hamilton, board member of Magnora ASA, has exercised 50,000 of his share

options in Magnora ASA. Following this acquisition, Hamilton's remaining balance

of share options in Magnora ASA is 40,000.

Hilde Ådland, board member of Magnora ASA, has exercised 50,000 of her share

options in Magnora ASA. Following this acquisition, Ådland's remaining balance

of share options in Magnora ASA is 10,000.

New shares will be issued to meet the obligations related to the exercising of

share options mentioned above.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Erik Sneve, CEO, email: es at magnoraasa.com

* Torstein Sanness, Executive chairman, email: sanness at sf-nett.no

ABOUT MAGNORA ASA

Magnora ASA (OSE: MGN) has a legacy royalty business that is re-invested in

renewable energy development projects and companies. Magnora's portfolio of

renewable companies consists of Evolar AB, Helios Nordic Energy AB, Kustvind AB,

Magnora Offshore Wind AS, Magnora South Africa, and AGV. The company is listed

on the main list on Oslo Stock Exchange under the ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847805/1354/1816/Download%20announcement

%20as%20PDF.pdf

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