Major Shareholding Notification • Dec 10, 2025
Major Shareholding Notification
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Mandatory notification of trade by Primary Insider
10 December 2025: Passesta AS ("Passesta" or the "Vendor") has today sold
1,200,000 shares in Xplora Technologies AS (the "Company"), representing 2.68%
of the share capital and votes in the Company at a price of NOK 50 per share
with gross proceeds to the Vendor of NOK 60 million.
The shares in the block sale were distributed mainly to Nordic institutional
investors.
Following the transaction, Passesta holds 4,769,056 shares in the Company,
representing 10.63% of the Company. Passesta is a close associate of Mr. Tore
Engebretsen, Chairman of the board and primary insider in the Company. The
Vendor has undertaken a 180 day lock up period for its remaining shareholding
in the Company.
This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication, through the
agency of the contact persons set out above, at 2025-12-10 23:10 CET.
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