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Zaptec AS Share Issue/Capital Change 2021

Dec 22, 2021

3796_rns_2021-12-22_cc43c795-eca0-4e80-8605-d4174fa35504.html

Share Issue/Capital Change

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Zaptec AS: Share capital increase

Zaptec AS: Share capital increase

Stavanger, Norway, 22 November 2021. Software Development Manager in Zaptec, Kurt Aadnøy, has exercised 100,000 share options at an average price of NOK 12.25 per share.

As a result of the option exercise, the board of directors of the Company has today resolved to issue 100,000 new shares, at an average subscription price of NOK 12.25 per share. The new shares are issued pursuant to the authorisation provided to the board of directors at the annual general meeting in 2021.

The share capital is increased by NOK 625.00 by subscription of 100,000 new shares with a nominal value of NOK 0.00625 per share. The total subscription amount is NOK 1,225,000, whereas NOK 1,224,375.00 is share premium.

Following the share capital increase, the Company will have a share capital of NOK 477,560.4875 divided into 76,409,678 shares, each with a nominal value of NOK 0.00625.

The share capital increase will be duly registered in the Norwegian Register of Business Enterprises.

For more information:

Anders Thingbø, CEO, Zaptec AS Tel: +47 934 88 385, e-mail: [email protected]

Kurt Østrem, CFO, Zaptec AS Tel: +47 404 04 700, e-mail: [email protected]

About Zaptec: Zaptec AS is a technology company within Electronic vehicle (EV) charging systems in Europe. The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables large number of charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.