Huddlestock Fintech AS - Mandatory notification of trades
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(Stavanger, NORWAY - 7 June 2021) Huddlestock Fintech AS (OSE: HUDL) - Mandatory
notification of trades
Primary insiders of Huddlestock Fintech AS ("Huddlestock" and "the Company");
Board members and Executive Committee members have been allocated shares from
their subscriptions in the capital increase announced May 7, 2021.
Per Øyvind Berge - Member of the Board of Huddlestock has purchased 83,334
shares at NOK 6.00 per share. After the purchase, Per Øyvind Berge holds
5,408,334 shares through his company Grunnfjellet AS.
Murshid Ali - Member of the Board of Huddlestock has purchased 25,000 shares at
NOK 6.00. After the purchase, Murshid Ali holds 6,887,189 shares in the Company
through his 100% owned Berker Group AS. In addition, he owns 1,000 shares in his
personal name, Murshid Ali.
John E. Skajem - Chief Executive Officer has purchased 100,000 shares at NOK
6.00 per share. After the purchase, John E. Skajem owns 703,000 shares.
Cecilia Luras - Director of Strategy & Investor Relations has purchased 15,000
shares at NOK 6.00 per share. After the purchase, Cecilia Luras owns 15,000
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
For further information, please contact investor relations.
John E. Skajem, CEO, +47 418 87 412, firstname.lastname@example.org
Cecilia Luras, Director of Strategy & IR, +44 75 0090 5131, email@example.com
About Huddlestock Fintech:
Huddlestock Fintech AS was listed on Euronext Growth Market 26 November 2020, as
Norway'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
Huddlestock has offices in Oslo, Stavanger, Copenhagen, Stockholm, Munich,
Paris, London and Kuala Lumpur.
For more information, please visit www.huddlestock.com.
The information included in this announcement is defined as inside information
pursuant to the EU Market Abuse Regulation article 7 and is publicly disclosed
in accordance with MAR article 17.
The announcement is made by the contact persons set out above.
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