Launch of share buyback program

Magnora ASA (“Magnora”) has decided to initiate a share buyback program. The buyback program will be carried out by market purchases in accordance with the authorization granted by the annual general meeting to the Board of Directors on 21 May 2019....

Minutes from Annual General Meeting

Magnora ASA has today on May 21, 2019, held its Annual General Meeting. Attached to this announcement are the minutes of the Annual General Meeting in Norwegian and translation into English.  All proposals on the agenda were approved. With respect to the nomination...

First quarter 2019 results

Lysaker, May 21, 2019, Main events from Magnora’s first quarter 2019: Following the sale of the Magnora’s intellectual property and shares in HiLoad LNG AS to Sembcorp Marine Integrated Yard Pte Ltd, the company is now a profitable royalty company with two significant...

Notice of Annual General Meeting

The Board of Directors of Magnora ASA has convened the Annual General Meeting in Magnora ASA on Tuesday 21 May 2019, at 10:00 a.m. (CET) at the Company’s offices at Lysaker Torg 12, 1366 Lysaker, Norway. Attached as appendices to this announcement are (in...

Change in leadership

Due to the sale of the cylindrical hull technology and related business activity to Sembcorp Marine last year, succeeded by a new strategic direction for the Company, Reese McNeel and the Board of Directors of Magnora ASA (“Magnora” or the “Company”) have agreed that...