A company directly controlled by theMagnora ASA CEO,Erik Sneve , has settled a forward agreement underlying 480,700 shares inMagnora ASA ("Magnora ") and subsequently entered into a new forward agreement underlying the same number of shares 480,700. New expiry date isMarch 19th, 2021 and new forward price isNOK 27.3628 .Mr. Sneve's affiliated ownership through close family and other accounts is unchanged 629,919 shares equal to 1.20 percent of the issued shares and votes in the company, andMr. Sneve's company does not hold other shares or rights to shares inMagnora .Mr. Sneve also holds 450,000 share options inMagnora ASA . * * * * * * * * * For further information, please contact:Torstein Sanness , working chairman, sanness@sf-nett.noErik Sneve , CEO,Magnora ASA , es@magnoraasa.com AboutMagnora Magnora ASA (OSE: MGN) is a renewable energy investment company looking for profitable green investment opportunities. The company is listed on the main list onOslo Stock Exchange under the ticker MGN. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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