Axxion S.A has just announced that, on behalf of their underlying funds, they have acquired 500,000 shares in Freetrailer Group A / S, corresponding to 5.4% of the share capital. The total value of the transaction is calculated at DKK 5.5 million. and the seller is Ambjørner Holding ApS, owned by Freetrailer founder Aksel Blomgren Ambjørner. The investment in Freetrailer was initiated by Discover Capital GmbH.

"At Discover Capital, we are always looking for equities that we believe have a significant growth potential in the long run and thus also a significant return potential. Freetrailer's scalable business model and continued expansion opportunities match the investment criteria we use to identify an exciting value case," says Tobias Kastenhuber, Equity Analyst at Discover Capital.

Philip Filipsen, Group CEO of Freetrailer welcomes the new shareholder.

"We welcome Axxion S.A to Freetrailer's owners and look forward to continuing the constructive dialogue with both Axxion S.A and Discover Capital GmbH. We have just announced our incipient activities in the German market, so it is incredibly positive that we have now also entered the radar in the German investor community and have a matching international ownership structure, "says Philip Filipsen

For more information about Axxion: www.axxion.lu

For more information about Discover Capital GmbH: https://www.discover-capital.de/

For further information about Freetrailer Group A/S please contact:

Philip Filipsen, CEO

Email: pf@freetrailer.com

Phone: +45 40 90 17 85

Briefly about Freetrailer Group A/S

Freetrailer Group is a Danish technology company with the aim of making it easy to book and borrow a trailer for free via a sharing economy IT platform.

With a 100% self-service solution via app and electronic lock, full flexibility is given to the partners and their customers, and today more than 3.5 million people have made use of Freetrailer's service.

Facts:

+50 partners

+300 pick-up locations

+1600 trailers

Freetrailer Group today has a scalable business concept based on an innovative IT platform with global potential. Freetrailer Group A / S was listed on the Spotlight Stock Market in 2018.

Ticker code: FREETR

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