4.4.2023 20:41:52 CEST |Huddlestock Fintech AS | Additional regulated information required to be disclosed under the laws of a member stateHuddlestock Fintech AS (OSE: HUDL): Completion of acquisition ofBricknode and share capital increase.Huddlestock Fintech AS - Completion of acquisition ofBricknode and share capital increase. Stavanger,Norway , 4.April 2023 Reference is made to the stock exchange release (the "Report") byHuddlestock Fintech AS ("Huddlestock") published on15 March 2023 announcing the acquisition of the operational assets ofBricknode Holding AB . The agreement has been executed on4 April 2023 in which Huddlestock paid the remuneration by issuing a seller´s credit note (the "Sellers´s Credit") ofNOK 106,961,168 as set out in the asset purchase agreement of 15.March 2023 (the "APA"). Immediately following the execution of the agreement, the board of directors in Huddlestock have resolved to issue 19 000 000 new shares in Huddlestock toBricknode Holding AB by way of a private placement in whichNOK 49,000,000 of the Seller´s Credit was converted into shares with a subscription price ofNOK 2.60 per share. Accordingly, the first tranche of debt conversion as regulated in the APA and explained in the Report has been carried out. For further information, please contact:John E. Skajem , Chief Executive Officer, + 47 418 87 412, john.skajem@huddlestock.com.Leif Arnold Thomas , Chief Corporate Development, +47 982 15 520, leif.thomas@huddlestock.com Disclosure regulation This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. DISCLOSURE REGULATION This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. CONTACTS *John E. Skajem , CEO, +47 418 87 412, jes@huddlestock.com ABOUTHUDDLESTOCK FINTECH AS Huddlestock Fintech is an innovative technology software provider with a leading expert professional services business. We deliver innovative and sustainable technology solutions to the capital markets, treasury and wealth management industries. Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock's SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock's mission of delivering financial inclusion by democratizing access to capital markets. Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region.Huddlestock Fintech AS was listed on Euronext Growth Market26th November 2020 , asNorway's first fintech company to be publicly traded. For more information, please visit www.huddlestock.com - http://www.huddlestock.com/ ATTACHMENTS Download announcement as PDF.pdf - https://kommunikasjon.ntb.no/ir-files/17848032/2236/3060/Download%20announcement %20as%20PDF.pdf HSF IR Bricknode closing borsmelding 20230404.pdf - https://kommunikasjon.ntb.no/ir-files/17848032/2236/3059/HSF%20IR%20Bricknode%20 closing%20borsmelding%2020230404.pdf
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