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Crayon Group Holding M&A Activity 2021

Mar 18, 2021

3573_rns_2021-03-18_f82437e3-e233-452b-8ee8-e8241cff7fec.html

M&A Activity

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Crayon: Acquisition of Sensa approved by the Icelandic Competition Authority

Crayon: Acquisition of Sensa approved by the Icelandic Competition Authority

With reference to the announcement on 2 December 2020 on the purchase agreement entered into with Siminn hf on the acquisition of Sensa ehf, the Icelandic Competition Authority (ICA) has announced that they do not see a reason to take any further action in relation to the transaction.

In accordance with the purchase agreement between Simmin hf and Crayon, closing can be expected around the end of March 2021.

For further queries, please contact:

Jon Birger Syvertsen,

Chief Financial Officer,

Crayon Group Holding ASA

Tel.: +47 97 19 92 51

Email: [email protected]

Hilde Thomassen,

Investor Relations Executive

Crayon Group Holding ASA

Tel.: +47 90 25 41 32

Email: [email protected]

About Crayon

Crayon Group Holding ASA is a leading IT advisory firm in software and digital transformation services. With unique IP tools and skilled employees, Crayon help optimize its clients' ROI from complex software technology investments. Crayon have long experience within volume software licensing optimization, digital engineering, predictive analytics and assists the clients through all phases of the process of a digital transformation. Headquartered in Oslo, Norway, the company has approximately 2,000 employees in 50 offices worldwide.