Magnora ASA

Major Shareholding Notification • Jun 16, 2024

Share capital increase in relation to issuance of shares in Hermana to Magnora registered today

16.6.2024 14:29:40 CEST | Magnora ASA | Total number of voting rights and capital

Magnora ASA's remaining 30% shareholding in Western Isles Holding AS has now been contributed as a contribution in-kind to Hermana Holding ASA ("Hermana"). As a result, the share capital of Hermana was increased by NOK 2,861,540.78340147 through the issuance of 28,179,353 new shares, each with a par value of NOK 0.101547426706407. The new share capital of Hermana is NOK 9,538,469.41340147 divided into 93,931,178, each with a par value of 0.101547426706407.

Reference is made to previous stock exchange announcements published by Magnora ASA ("Magnora" or the "Company") regarding a spin-off demerger relating to a subsequent listing on the Oslo Stock Exchange of Magnora's legacy business.

Following the contribution in-kind, Magnora ASA is the owner of 30% of the shares in Hermana Holding ASA which in turn is the owner of 100% of the shares in Western Isles Holding AS (being the owner of the license busines).

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

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 Helios Nordic Energy AB, Kustvind AB, Magnora Offshore Wind AS, Magnora Solar PV UK, Hafslund Magnora Sol AS, Magnora South Africa, and AGV. The company is listed on the main list on Oslo Stock Exchange under the ticker MGN.

Attachments

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