Regulatory Filings • May 16, 2023
Regulatory Filings
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Garantum Wealth Management AS selects Huddlestock for nominee depot, management of shareholder registers as well as customer- and tax reporting
16.5.2023 12:57:00 CEST | Huddlestock Fintech AS | Non-regulatory press releases
(Stavanger, NORWAY - 16 May 2023) Huddlestock Fintech AS (OSE: HUDL), today
announced that Garantum Wealth Management AS has selected Huddlestock Investor
Services (Tracs Services) for storage of financial instruments in a nominee
depot, management of shareholder registers as well as customer- and tax
reporting.
Garantum Wealth Management AS is an affiliated agent for Garantum Fondkommission
AB and offers order mediation and provides investment advice.
The CEO of Garantum Wealth Management AS, Jørn Kjørsvik, says: "To always be an
attractive and professional provider of services to our investor clients, we
utilize digital solutions and service from external providers when possible and
if it is attractive. Huddlestock Investor Services (Tracs Services) was the
obvious choice for us when we evaluated alternatives in the market to support us
on shareholders register, tax and reporting".
"We are delighted that Garantum Wealth Management AS has chosen to work with us.
Through Huddlestock Investor Services, Garantum Wealth Management AS will get
access to digital services that streamlines their professional needs within
management of shareholders register, reporting to customers and tax", says John
E. Skajem, Group CEO Huddlestock Fintech AS.
The deal is expected to add annual recurring revenues of between NOK 450.000 -
500.000 during the first year.
To see all press and investor releases please have a look in the investor
relations section of our corporate website
www.huddlestock.com/investor-relations -
http://www.huddlestock.com/investor-relations
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,
* 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 -
http://www.huddlestock.com/
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/2361/3273/Download%20announcement
%20as%20PDF.pdf
HSF IR Garantum press release 20230515.pdf -
https://kommunikasjon.ntb.no/ir-files/17848032/2361/3272/HSF%20IR%20Garantum%20p
ress%20release%2020230515.pdf
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