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Regulatory press release

Magnora ASA: Repurchase of shares

Magnora

10.7.2023 07:00:00 CEST | Magnora ASA | Acquisition or disposal of the issuer's own shares

With reference to Magnora ASA’s stock exchange announcement from 9 June 2023, Magnora ASA has on 3, 4, 5, 6, and 7 July 2023 bought a total of 220,421 shares in Magnora ASA at an average price of NOK 28.1233 per share.

The transactions are detailed in the table below:

Date

Aggregated daily volume (number of shares)

Weighted average share price per day (NOK)

Total daily transaction value (NOK)

3/7/23

60,000

27.5835

1,655,009.64

4/7/23

32,664

27.5195

898,897.24

5/7/23

17,757

27.9000

495,420.30

6/7/23

60,000

28.4880

1,709,279.94

7/7/23

50,000

28.8071

1,440,357.00

   Total

220,421

28.1233

6,198,964.12

Magnora ASA now holds 632 588 of own shares after this trade, which represents 0.95 percent of total shares outstanding.

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) 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.

Attachments

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