15.2.2024 13:39:51 CET | Magnora ASA | Major shareholding notifications

In connection with the extraordinary general meeting scheduled for 19 February
2024, chairman of the board of directors, Torstein Sanness, has received proxies
without voting instructions representing 15,740,107 shares and votes, equal to
24% of all issued shares and votes. The proxies are valid only for the
extraordinary general meeting. 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 16,369,549 shares and votes, equal to
24.5%, at the extraordinary general meeting. 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/17847805/2917/4082/Download%20announcement
%20as%20PDF.pdf