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SpectrumOne AB Capital/Financing Update 2018

Oct 8, 2018

8586_rns_2018-10-08_955eb475-dbfe-4a38-aea0-b8c16d4f7d60.html

Capital/Financing Update

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TargetEveryone increases available capital

TargetEveryone increases available capital

TargetEveryone has been informed that Link Mobility will pre-pay the outstanding

amount in accordance with Seller Credit Agreement of approximately SEK 15

million during the first half of October this year. This will convert the

majority of other short-term receivables to cash. The available capital will

partly be used at further development of TargetEveryone´s new platform and

further market expansion, and partly on repayment of short-term bridge loans

made in Q3.

To secure further expansion and development, TargetEveryone has parallelly

entered into a credit facility agreement with a Swedish financial institution

providing a SEK 5 million credit line at a yearly interest of 18 per cent.

For further information contact:

Vegard Brattum

CFO

+47 977 00 338

[email protected]

Certified Adviser:

Mangold Fondkommission AB (556585-1267)

Box 55 691 102 15 Stockholm

Telefon: +46 8 503 015 50

www.mangold.se

About TargetEveryone

TargetEveryone is a leading MARTECH company that provides a cutting-edge

marketing solution, that helps customers target their market intelligently in a

swift and cost-effective manner. The cloud-based solution seamlessly helps the

user segment their customers, quickly create campaigns, and then distribute them

through email, SMS, Facebook, Twitter, LinkedIn or QR Codes. The solution is

based on big data to analyze and refine the customers behavior and demands.

TargetEveryone has over 3000 clients in more than 92 countries, and has

experienced strong growth as marketing investments continues to move from

traditional media to digital media. Customers include Nespresso, Coop, Vita,

Match, DNB, Krogh Optikk, Cirkel K and Red Cross. TargetEveryone´s headquarter

is in Oslo, with branch offices in Sweden, Holland, Portugal, India and USA.

TargetEveryone is listed on Nasdaq First North in Stockholm and Merkur Market in

Oslo.

www.targeteveryone.com