Magnora ASA: Mandatory notification of trade - CEO and CFO buys Magnora shares

Erik Sneve, CEO of Magnora ASA, has purchased 30,000 shares in Magnora ASA (“Magnora”) today June 19th, 2020 at an average price of NOK 7.74 per share.

Erik Sneve’s total ownership after this trade directly and through affiliated ownership through close family and other accounts is 574,919 shares, which equals 1.09 percent of the issued shares and votes in the company.

Erik Sneve also holds 450,000 share options in Magnora ASA.

Bård Olsen, CFO of Magnora ASA, has purchased 2,000 shares in Magnora ASA (“Magnora”) today June 19th, 2020 at an average price of NOK 7.74 per share.

Following this acquisition, Bård Olsen controls 20,000 shares in Magnora ASA, which equals 0.04 percent of the issued shares and votes in the company.

Bård Olsen also holds 25,000 share options in Magnora ASA.

* * * * * * * * *

The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Continuing Obligations of Oslo Børs.