Magnora ASA

Director's Dealing • Apr 6, 2021

Magnora ASA: Mandatory notification of trade – EVP Projects buys Magnora shares

Magnora ASA: Mandatory notification of trade – EVP Projects buys Magnora shares

Peter Nygren, EVP Operations of Magnora ASA, has purchased 16,666 shares in Magnora ASA (“Magnora”) today April 6th, 2021 at an average price of NOK 26.82 per share.

Following this acquisition, Mr. Nygren controls 16,666 shares in Magnora ASA, which equals 0.03 percent of the issued shares and votes in the company.

Peter Nygren also holds 100,000 share options in Magnora ASA.

Haakon Alfstad, EVP Projects of Magnora ASA, has purchased 15,000 shares in Magnora ASA (“Magnora”) today April 6th, 2021 at an average price of NOK 26.40 per share.

Following this acquisition, Mr. Alfstad controls 42,755 shares in Magnora ASA, which equals 0.08 percent of the issued shares and votes in the company.

Haakon Alfstad also holds 100,000 share options in Magnora ASA.

Espen Erdal, Asset Manager of Magnora ASA, has purchased 4,000 shares in Magnora ASA (“Magnora”) today April 6th, 2021 at an average price of NOK 26.91 per share.

Following this acquisition, Mr. Erdal controls 12,700 shares in Magnora ASA, which equals 0.02 percent of the issued shares and votes in the company.

Espen Erdal also holds 25,000 share options in Magnora ASA.

* * * * * * * * *

For further information, please contact:

Torstein Sanness, working chairman: sanness at sf-nett.no

Erik Sneve, CEO: es at magnoraasa.com

About Magnora

Magnora ASA (OSE: MGN) is a renewable energy development company looking for profitable green investment opportunities. The company is listed on the main list on Oslo Stock Exchange under the ticker MGN.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.