Magnora ASA: Repurchase of shares

02 Dec 2024 07:00 CET

2.12.2024 07:00:01 CET | Magnora ASA | Acquisition or disposal of the issuer's
own shares

Magnora ASA has on 25, 26, 27, 28, and 29 November 2024 bought a total of
270,530 shares in Magnora ASA at an average price of NOK 24.8076 per share.

The transactions are detailed in the table below:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
-----------------------------------------------------------------------------
25/11/24 | 50,000 | 24.8073 | 1,240,366
-----------------------------------------------------------------------------
26/11/24 | 60,000 | 24.7613 | 1,485,678
-----------------------------------------------------------------------------
27/11/24 | 75,000 | 24.7418 | 1,855,635
-----------------------------------------------------------------------------
28/11/24 | 50,000 | 24.8000 | 1,240,000
-----------------------------------------------------------------------------
29/11/24 | 35,530 | 25.0357 | 889,519
-----------------------------------------------------------------------------
Total current | 270,530 | 24.8076 | 6,711,199
week: | | |
-----------------------------------------------------------------------------
Total previously | 1,374,008 | 23.3947 | 32,144,530
announced | | |
transactions under | | |
the program: | | |
-----------------------------------------------------------------------------
Total transactions | 1,644,538 | 23.6271 | 38,855,729
under the program: | | |

Magnora ASA now holds 1,619,538 of own shares after this trade, which
represents 2.5 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) Magnora's portfolio of renewable companies consists of
Kustvind AB, Magnora Offshore Wind AS, Magnora Solar PV UK, Hafslund Magnora Sol
AS, Magnora South Africa, and AGV. Magnora also has a share in the future
success of Helios Nordic Energy (Vinci Concessions), Evolar (First Solar), and
Hermana Holding (design royalties). 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/17847805/18342738/5353/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

633597_Download announcement as PDF.pdf