17.4.2024 17:44:45 CEST |Magnora ASA | Additional regulated information required to be disclosed under the laws of a member state The demerger of the Legacy Business has now been registered as completed in theNorwegian Register ofBusiness Enterprises and the Legacy Business has been transferred to an intermediary company. NB: The intermediary company will be merged with the Subsidiary by way of a triangular merger before opening of the market on theOslo Stock Exchange tomorrow,18 April 2024 . Reference is made to the announcements published on18 January 2024 and19 February 2024 regarding the approval of the demerger plan and a merger plan for the intra-group transfer of the Company's directly owned legacy business (the "Legacy Business"), to a wholly owned subsidiary ofMagnora ASA , Project Tripartite 2 AS (the "Subsidiary"). The demerger of the Legacy Business has now been registered as completed in theNorwegian Register ofBusiness Enterprises and the Legacy Business has been transferred to an intermediary company. As a result of the demerger, the share capital ofMagnora ASA is reduced byNOK 10,642,035.36 through a reduction of the nominal value ofNOK 0.16185155864495 per share. The new share capital ofMagnora ASA isNOK 22,233,877.14 and the new nominal value isNOK 0.33814844135505 per share. The intermediary company will be merged with the Subsidiary by way of a triangular merger before opening of the market on theOslo Stock Exchange tomorrow,18 April 2024 . The merger will result in the share capital ofMagnora ASA being increased by the same amount, whereby the new share capital ofMagnora ASA will beNOK 32,875,912.5 , consisting of 65,751,825 shares, each with a nominal value ofNOK 0.5 , i.e., as before the demerger. A separate announcement will be made when the merger has been registered as completed in the Norwegian register ofBusiness Enterprises . 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 ABOUTMAGNORA 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 ofHelios Nordic Energy AB ,Kustvind AB ,Magnora Offshore Wind AS, Magnora Solar PVUK , Hafslund Magnora Sol AS, Magnora South Africa, and AGV. The company is listed on the main list onOslo Stock Exchange under the ticker MGN. ATTACHMENTS Download announcement as PDF.pdf - https://kommunikasjon.ntb.no/ir-files/17847805/3033/4324/Download%20announcement %20as%20PDF.pdf
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