17.4.2024 17:53:22 CEST | Magnora ASA | Major shareholding notifications

In connection with the annual general meeting scheduled for 23 April 2024 (the
"AGM"), chairman of the board of directors, Torstein Sanness, has received
proxies without voting instructions representing 12,920,411 shares and votes,
equal to 19.7% of all issued shares and votes. The proxies are valid only for
the AGM. In addition, Mr. Sanness controls, directly or indirectly, a total of
629,442 shares and votes which, together with received proxies, means that Mr.
Sanness controls 13,549,853 shares and votes, equal to 20.6%, at the AGM.
Consequently, the 20% disclosure threshold has been crossed. This information is
subject to the disclosure requirements pursuant to sections 4-2 and 4-4 of the
Securities Trading Act. 

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) 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

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/3037/4325/Download%20announcement
%20as%20PDF.pdf