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Huddlestock Fintech

Share Issue/Capital Change Nov 13, 2023

3624_dirs_2023-11-13_60140e59-7789-48fb-8a41-01f64cee944a.pdf

Share Issue/Capital Change

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Notification of transactions by primary insiders and their close associates

13.11.2023 09:15:21 CET | Huddlestock Fintech AS | Mandatory notification of trade primary insiders

Notification of transactions by primary insiders and their close associates 13 November 2023 | Huddlestock Fintech | Mandatory notification of trade primary insiders

Reference is made to the announcement published on 13 November 2023 by Huddlestock Fintech AS (the "Company" or "Huddlestock") (ticker: HUDL) regarding the successfully placed private placement of 14,583,333new shares in the Company at a price of 1.20 per share, raising gross proceeds of NOK 17,500,000 (the "Private Placement"). Each investor received without additional payment 0.5 unlisted warrants per share issued and allocated, having a strike price of NOK 1.80 exercisable from registration and until 12 months after the registration.

The following primary insiders/close associates of primary insiders have applied for and been allocated shares and warrants in the Private Placement:

  • John Skajem, CEO, 200,000 Offer Shares
  • Vision Invest Stavanger AS, company closely related to Chairman of the Board Øyvind Hovland, 200,000 Offer Shares
  • Zolo Konsult AS, company closely related to CFO Anders Peinert, 50,000 Offer Shares.

Attached are the notifications of the transaction in accordance with the Market Abuse Regulation Article 19.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

CONTACTS

* John E. Skajem, Chief Executive Officer, Huddlestock Fintech, +47 418 87 412, [email protected]

* Leif Arnold Thomas, Chief Corporate Development, Huddlestock Fintech - Corporate Development, +47 982 15 520, [email protected]

ABOUT HUDDLESTOCK FINTECH AS

Huddlestock Fintech is an innovative technology software provider with a leading expert professional services business. We deliver innovative and sustainable technology solutions to the capital markets, treasury and wealth management industries.

Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock's SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock's mission of delivering financial inclusion by democratizing access to capital markets.

Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26th November 2020, as Norway's first fintech company to be publicly traded.

For more information, please visit http://www.huddlestock.com/

ATTACHMENTS

Download announcement as PDF.pdf –

MAR form [primary insider/close associate] / Skjema for melding om transaksjoner utført av personer med ledelsesansvar primærinnsidere og deres nærstående KR 1500.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

  • John E. Skajem, Chief Executive Officer, Huddlestock Fintech, +47 418 87 412, [email protected]
  • Leif Arnold Thomas, Chief Corporate Development, Huddlestock Fintech Corporate Development, +47 982 15 520, [email protected]

About Huddlestock Fintech AS

Huddlestock Fintech is an innovative technology software provider with a leading expert professional services business. We deliver innovative and sustainable technology solutions to the capital markets, treasury and wealth management industries.

Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock's SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock's mission of delivering financial inclusion by democratizing access to capital markets.

Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26th November 2020, as Norway's first fintech company to be publicly traded.

For more information, please visit www.huddlestock.com

Attachments

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