Magnora ASA

Regulatory Filings • Dec 19, 2021

Magnora ASA: Mandatory notification of trade

Magnora ASA: Mandatory notification of trade

19.12.2021 22:10:42 CET | Magnora ASA | Mandatory notification of trade primary

insiders

A company directly controlled by the Magnora ASA CEO, Erik Sneve, has settled a

forward agreement underlying 480,700 shares in Magnora ASA ("Magnora") and

subsequently entered into a new forward agreement underlying the same number of

shares 480,700. New expiry date is March 2022 and new forward price is NOK

18.1011.

Mr. Sneve's affiliated ownership through close family and other accounts is

767,319 shares equal to 1.34 percent of the issued shares and votes in the

Company, and Mr. Sneve's company does not hold other shares or rights to shares

in Magnora.

Mr. Sneve also holds 550,000 share options in Magnora ASA.

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, Vindr Group AS, and a South African SPV. 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/17847805/1081/1452/Download%20announcement

%20as%20PDF.pdf