Magnora ASA ( (SVMRF) ) has provided an update.
Magnora ASA announced that Torstein Sanness, Chairman of the Board, has received proxies representing 8.36% of shares and votes for the upcoming Annual General Meeting, bringing his total control to 9.39% of shares and votes. This crossing of the 5% disclosure threshold is significant for the company’s governance and shareholder dynamics.
More about Magnora ASA
Magnora ASA is a company that reinvests its legacy royalty business into renewable energy development projects and companies. Its portfolio includes Helios Nordic Energy AB, Kustvind AB, Magnora Offshore Wind AS, Magnora Solar PV UK, Hafslund Magnora Sol AS, Magnora South Africa, and AGV. The company is listed on the Oslo Stock Exchange under the ticker MGN.
YTD Price Performance: -17.71%
Technical Sentiment Signal: Hold
Current Market Cap: $132.1M
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