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Refile: BUZZ-Magnora Data Center jumps in Oslo debut after oversubscribed placing

REFILE-BUZZ-Magnora Data Center jumps in Oslo debut after oversubscribed placing

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** Shares in Magnora Data Center MDATA.OL rise more than 16% in their Oslo debut following a private placement that was more than ten times oversubscribed

** Shares start trading on Euronext Oslo Børs at NOK 15.1, versus an offer price of NOK 13.0, making it the first pure-play listed data centre company in Europe

** The Norwegian group, a spin-off from Magnora ASA MGN.OL, develops and operates data centres in Norway, Sweden, Finland and Italy


(Reporting by Alexander Klyve Gudbrandsen)

((alexanderklyve.gudbrandsen@thomsonreuters.com))

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