Notification of trade
Ballista AS ('Ballista'), a company directly controlled by Erik Sneve has settled a forward agreement underlying 480,700 shares in Magnora ASA ('Magnora') expiring January 17th, 2020 and subsequently entered into a new forward agreement underlying the same number of shares 480,700. New expiry date is June 19th, 2020 and new forward price is NOK 8.7362. Erik Sneve's affiliated ownership through close family and other accounts is unchanged 534,919 shares equal to 1.02 percent of the issued shares and votes in the company. Ballista does not hold other shares or rights to shares in Magnora.

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Magnora ASA published this content on 17 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2020 21:33:04 UTC