AI Terminal
Magnora ASA
Share Issue/Capital Change • Apr 10, 2024
3659_rns_2024-04-10_6b7af15a-d9df-4502-8665-821eb7cb6c57.pdf
Share Issue/Capital Change
Open in ViewerOpens in native device viewer
Magnora ASA: Cancellation of treasury shares
10.4.2024 16:10:14 CEST | Magnora ASA | Additional regulated information required to be disclosed under the laws of a member state
The Extraordinary General Meeting of Magnora ASA on 19 February 2024 decided to decrease the share capital by NOK 535,427, from NOK 33,411,339.50 to NOK 32,875,912.50, through the cancellation of 1,070,854 shares held in treasury by the company, each with a nominal value of NOK 0.50.
The resolution was published by the Norwegian Register of Business Enterprises on 19. February 2024, whereafter followed a six-week creditor notice period. The creditor period has been completed without objections.
The share capital decrease was registered as completed with the Norwegian Register of Business Enterprises today. The share capital after the capital decrease amounts to NOK 32,875,912.50, divided into 65,751,825 shares, each with a nominal value of NOK 0.50.
Please see the updated "Article of Associations" attached.
Following this cancellation of 1,070,854 shares held in treasury by the company, the company owns a total of 0 treasury shares.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-8 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) invests 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. In addition, Magnora has legacy revenues from its previous design business and potential milestone payments from the sale of Evolar AB (sold to First Solar Inc). The company is listed on the main list on Oslo Stock Exchange under the ticker MGN.