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Tecnotree Oyj Share Issue/Capital Change 2024

Jun 24, 2024

3296_dva_2024-06-24_76bb78e2-3c1b-4498-86d1-ee3360210363.pdf

Share Issue/Capital Change

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New shares of Tecnotree Corporation registered with the trade register

Tecnotree Corporation Stock Exchange Release 24 June 2024 at 10:00 EEST

A total of 1.100.000 new shares (the "New Shares") issued in Tecnotree Corporation's (the "Company") share issue to the Company itself without consideration have been registered with the Trade Register on 24 June 2024. Following the registration of the New Shares, the total number of the Company's shares is 17,053,250 shares, of which 1,139,942 shares in total are held by the Company.

The New Shares will be admitted to trading together with the Company's existing shares on the official list of Nasdaq Helsinki Ltd on or about 25 June 2024.

Further information

Indiresh Vivekananda. CFO. tel. +971 56 410 8357

Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is as No.1 on the TM Forum Open API Conformance table with 59 Open APIs, and this is a result of our pursuit towards delivering excellence and consistently providing differentiated experiences and services to the CSPs and DSPs. Our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multiexperience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on Helsinki Nasdaq (TEM1V).

For more information, please visit www.tecnotree.com or social media channels – LinkedIn I Facebook I Twitter