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Selskabsmeddelelse

Magnora ASA: Mandatory notification of trade - Head Advisor buys Magnora shares

Magnora
2.6.2023 12:06:26 CEST | Magnora ASA | Mandatory notification of trade primary
insiders

Stein Bjørnstad, Head Advisor of Magnora ASA, has purchased 15,000 shares in
Magnora ASA ("Magnora") today 2 June 2023 at an average price of NOK 28.5 per
share.

Following this acquisition, Stein Bjørnstad controls 15,000 shares in Magnora
ASA, which equals 0.02 percent of the issued shares and votes in the company.

Mr. Bjørnstad also holds 50,000 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) 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

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/2413/3342/Download%20announcement
%20as%20PDF.pdf
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