Magnora ASA: Repurchase of shares

07 Mar 2025 07:00 CET

7.3.2025 07:00:00 CET | Magnora ASA | Acquisition or disposal of the issuer's
own shares

Magnora ASA has on 6 March 2025 bought a total of 50,000 shares in Magnora ASA
at an average price of NOK 20.3659 per share.

The transaction is detailed in the table below:

Date | Number of shares | Average share price | Transaction value (NOK)
| | (NOK) |
---------------------------------------------------------------------------
06/03/25 | 50,000 | 20.3659 | 1,018,295

Magnora ASA now holds 1,828,030 of own shares after this trade, which
represents 2.8 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) is a renewable-energy group developing wind, solar and
battery storage projects. Magnora has operations in Europe and Africa through
the portfolio companies Hafslund Magnora Sol AS, Magnora Offshore Wind AS,
Emernor GmbH, Magnora Italy Srl, Magnora Solar PV UK, Magnora South Africa, and
AGV. Magnora also has earn-out revenues related to the former portfolio
companies Helios Nordic Energy and Evolar, and a financial ownership in Hermana
Holding. Magnora is listed on the main list of the Oslo Stock Exchange under the
ticker MGN.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/18447783/5739/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

640682_Download announcement as PDF.pdf