Zelluna ASA — Director's Dealing 2021

Oct 27, 2021

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gjelsten Holding AS
2	Reason for the notification
a)	Position/status	Closely associated party of Henrik Schüssler, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and
	volume(s)	Price	Volume(s)
		NOK 125	324,000
d)	Aggregated
	information	Price	Volume(s)
	— Aggregated volume — Price	NOK 40,500,000	324,000
e)	Date of the transaction	2021-10-26
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gjelsten Holding AS
2	Reason for the notification
a)	Position/status	Closely associated party of Henrik Schüssler, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Share lending for settlement in private placement
c)	Price(s) and volume(s)	Price 0	Volume(s) 2,160,000
d) e)	Aggregated information — Aggregated volume — Price Date of the	Price 0 2021-10-26	Volume(s) 2,160,000
	transaction
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Canica AS
2	Reason for the notification
a)	Position/status	Closely associated party of Aitana Peire, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 170,794
d) e)	Aggregated information — Aggregated volume — Price Date of the	Price NOK 21,349,250 2021-10-26	Volume(s) 170,794
f)	transaction Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sundt AS
2	Reason for the notification
a)	Position/status	Closely associated party of Leiv Askvig, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 83,671
d) e)	Aggregated information — Aggregated volume — Price Date of the	Price NOK 10,458,875 2021-10-26	Volume(s) 83,671
f)	transaction Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Helene Sundt AS
2	Reason for the notification
a)	Position/status	Closely associated party of Leiv Askvig, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 83,670
d)	Aggregated information — Aggregated volume — Price	Price NOK 10,458,750	Volume(s) 83,670
e)	Date of the transaction	2021-10-26
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Watrium AS
2	Reason for the notification
a)	Position/status	Closely associated party of Haakon Stenrød, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 40,000
d) e)	Aggregated information — Aggregated volume — Price Date of the	Price NOK 5,000,000 2021-10-26	Volume(s) 40,000
	transaction
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Langøya Invest AS
2	Reason for the notification
a)	Position/status	Closely associated party of Ketil Fjerdingen, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 40,000
d)	Aggregated information — Aggregated volume — Price	Price NOK 5,000,000	Volume(s) 40,000
e)	Date of the transaction	2021-10-26
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Radforsk Investeringstiftelse
2	Reason for the notification
a)	Position/status	Closely associated party of Jónas Einarsson, chair of the board of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 8,000
d) e)	Aggregated information — Aggregated volume — Price Date of the	Price NOK 1,000,000 2021-10-26	Volume(s) 8,000
f)	transaction Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	FireH AS
2	Reason for the notification
a)	Position/status	Closely associated party of Henrik Schüssler, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 4,000
d) e)	Aggregated information — Aggregated volume — Price Date of the	Price NOK 500,000 2021-10-26	Volume(s) 4,000
f)	transaction Place of the	Outside a trading venue
	transaction

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	K og K AS
2	Reason for the notification
a)	Position/status	Closely associated party of Kari Grønås, board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 1,600
d) e)	Aggregated information — Aggregated volume — Price Date of the transaction	Price NOK 200,000 2021-10-26	Volume(s) 1,600
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Håkan Englund
2	Reason for the notification
a)	Position/status	Deputy board member of the issuer
b)	Initial Notification / Amendment	Initial
3	Details of the issuer
a)	Name	Ultimovacs ASA
b)	LEI	254900B4VALJZR9TL744
4	Details of the transaction:
a)	Description of the financial instrument, type of instrument Identification code	Shares in Ultimovacs ASA, with ISIN NO0010851603
b)	Nature of the transaction	Subscription of shares in private placement
c)	Price(s) and volume(s)	Price NOK 125	Volume(s) 4,000
d) e)	Aggregated information — Aggregated volume — Price Date of the	Price NOK 500,000 2021-10-26	Volume(s) 4,000
f)	transaction Place of the transaction	Outside a trading venue