Magnora ASA

Director's Dealing • Mar 20, 2022

Magnora ASA: Mandatory notification of trade

20.3.2022 22:39:07 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 the same company has subsequently acquired 480,700 shares at NOK 19.30 per share.

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, 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