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Regulatory press release

Magnora ASA: Repurchase of shares

Magnora

21.8.2023 07:00:00 CEST | Magnora ASA | Acquisition or disposal of the issuer's own shares

Magnora ASA has on 17, and 18 August 2023 bought a total of 60,000 shares in Magnora ASA at an average price of NOK 30.2545 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)

17/8/23

30,000

30.3802

911,862

18/8/23

30,000

30.1288

904,316

   Total

60,000

30.2545

1,816,178

 Magnora ASA now holds 1,070,854 of own shares after this trade, which represents 1.6 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

  • Download announcement as PDF.pdf
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