Transaction in Own Shares • Dec 10, 2025
Transaction in Own Shares
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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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