Magnora ASA: Mandatory notification of trade - EVP Strategies buys Magnora shares

29.12.2021 13:13:11 CET | Magnora ASA | Mandatory notification of trade primary
insiders

Peter Nygren, EVP Strategies of Magnora ASA, has purchased 13,334 shares in
Magnora ASA ("Magnora") today 29 December 2021 at an average price of NOK 18.37
per share.

Following this acquisition, Mr. Nygren controls 30,000 shares in Magnora ASA,
which equals 0.05 percent of the issued shares and votes in the company.

Peter Nygren also holds 200,000 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) has a legacy royalty business that is re-invested in
renewable energy development projects and companies. Magnora's portfolio of
renewable companies consists of Evolar AB, Helios Nordic Energy AB, Kustvind AB,
Magnora Offshore Wind AS, Vindr Group AS, and a South African SPV. 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/17847805/1094/1464/Download%20announcement
%20as%20PDF.pdf

Form KRT 1500 Nygren.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/1094/1463/Form%20KRT%201500%20Nyg
ren.pdf