Magnora ASA: Sale of Hermana Holding ASA shares successfully completed
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY IN UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.
Magnora ASA ("Magnora") has today completed the sale of its remaining 4,025,621 shares in Hermana Holding ASA (“Hermana”), representing approximately 30% of the outstanding shares in Hermana at a fixed price of NOK 10 per share (the "Transaction").
The Transaction was facilitated through a bookbuilding process directed at Magnora’s shareholders as shown in the VPS register at 08:00 on 16 June 2025. The offering was oversubscribed and allocations were made in accordance with the allocation principles outlined in the launch announcement dated 16 June 2025.
Following the Transaction, Magnora no longer holds any shares in Hermana Holding ASA.
SEB acted as sole bookrunner in connection with the Transaction.
The disclosures set out in this announcement are subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and sections 4-2 and 5-12 of the Norwegian Securities Trading Act.
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
Chairman of the Board
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, Magnora Germany, 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
Subscribe to our company announcements
Keep up to date with our company announcements by subscribing.
Visit our pressroom and see more company announcements from us.
Our pressroom