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Magnora ASA

Director's Dealing • Mar 25, 2020

3659_dirs_2020-03-25_5d361058-4cef-4afb-a434-e724eab32afc.html

Director's Dealing

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Magnora ASA: Correction regarding mandatory notification of trade; Magnora CEO buys shares

As notified to the market on March 23, 2020, Erik Sneve, CEO of Magnora ASA, purchased 10,000 shares in Magnora ASA (“Magnora”) on March 23rd, 2020 at NOK 7.525 per share.

Erik Sneve’s total ownership after this trade directly and through affiliated ownership through close family and other accounts is 544,919 shares, which equals 1.04 percent of the issued shares and votes in the company.

The initial notification did not disclose that Mr. Sneve also holds 400,000 share options in Magnora ASA.

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The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Continuing Obligations of Oslo Børs.