PRESS RELEASE NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TOU.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTOTHE UNITED STATES ,AUSTRALIA ,CANADA ORJAPAN , OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFULHUDDLESTOCK FINTECH AS (HUDL) - Rights Issue Subscription Period Closes Friday28 May 2021 .26 May 2021 , Stavanger,Norway As previously announced,Huddlestock Fintech AS (the "Company"), will carry out a rights issue raising gross proceeds ofNOK 30 - 50 million through issuance of new shares at a subscription price ofNOK 6.00 per share, of which the minimum amount is underwritten (the "Rights Issue"). For the purpose of the Rights Issue, the Company has prepared a national prospectus (the "Prospectus"). The Prospectus has been registered in theNorwegian Register ofBusiness Enterprises (Nw: Foretaksregisteret) in line with the Norwegian Securities Trading Act section 7-8. The Prospectus can be obtained electronically by downloading it from the Company's webpage: www.huddlestock.com Subscription period: The subscription period for the Rights Issue commenced14 May 2021 at 09:00 hours (CEST) and will close on Friday28 May 2021 at 16:30 hours (CEST) Subscription procedure for the Rights Issue: In order to subscribe for Rights IssueOffer Shares , investors need to complete the subscription form attached or in electronic form (see below), and submit it to the subscription office as set out in the Prospectus by 16:30 hours (CET) on28 May 2021 . For private persons: The electronic version of the subscription form can be found via this link: https://investor.vps.no/sc/servlet/no.vps.sc.servlets.SCLogonServlet?ISIN=NO0011 003428&TSted=000VP&Sig=4f93e457dcde51f71b2fc213086dd3fbfc2ebb8365dcbe05730c9c1b5 e7b905f Or Use the subscription form enclosed For companies: To subscribe as a company, all subscriptions need to be made via the attached subscription form (see below). Further information about the Rights Issue and the subscription procedures is included in the Prospectus. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. To see all other press and investor releases please look in the investor relations section of our corporate website https://huddlestock.com/investor-relations/. For questions, please contact investor relations. CONTACTS:John E. Skajem , CEO, +47 418 87 412, jes@huddlestock.comCecilia Luras , Director of Strategy & IR, +44 75 0090 5131, col@huddlestock.com About Huddlestock Fintech:Huddlestock Fintech AS was listed on Euronext Growth Market26 November 2020 , asNorway's first fintech company to be publicly traded. Huddlestock Fintech is a company that develops unique software as a service-solutions for digitizing work processes for custody banks, asset managers and trading venues. The open, compliance-optimized and data centric platform allows our customers to offer a differentiated real-time product that reduces cost and increases efficiency. Huddlestock Fintech's technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution and portfolio management, all executed on the same platform. Huddlestock has two main products: Apex (Custody) and Bedrock (Connectivity). Apex is a software as a service-solution that links custody services with asset managers and individual investors. Bedrock provides a white label solution that is primarily a product for financial services firms wanting to add low cost-efficient trading and investing services to their client web and app offerings. Huddlestock has offices inOslo , Stavanger,Kuala Lumpur ,Copenhagen ,Stockholm ,Munich andLondon . For more information, please visit www.huddlestock.com.
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