LINK Mobility Group Holding ASA: Closing of Tismi B.V acquisition

LINK Mobility Group Holding ASA (LINK) announces today the closing of the
acquisition of the Dutch CPaaS enabler Tismi B.V (Tismi).

Reference is made to stock exchange release on 12 February 2021 regarding the
share purchase agreement related to the acquisition of Tismi.

Tismi provides virtual mobile phone numbers, smart traffic routing and signaling
services and holds licensed operator status in 8 European countries.
 
The transaction values Tismi at an enterprise value of EUR 20 million. The
purchase price has been settled partly by cash, sellers' credit and 1,226,637
new shares issued in LINK (the Consideration Shares) at a price of NOK 54.76 per
share, equal to the average volume weighted price per share during the last 10
trading days up to and including the last trading day immediately preceding 12
February 2021. The Consideration Shares are subject to lock-up until 10
September 2021.

LINK will register the new share capital increase pertaining to the
Consideration Shares with the Norwegian Register of Business Enterprises and
issue a separate announcement when the registration of the share capital
increase is completed.


For further information, please contact

Tom Rogn, VP Investor Relations 
[phone] 
[e-mail] 
[e-mail] 


About LINK Mobility

LINK is one of Europe's leading providers of mobile messaging and Communications
Platform as a Service (CPaaS) solutions for increased engagement. The company
serves enterprise, SME and government customers. LINK offers a wide range of
innovative and scalable mobile solutions, creating valuable digital convergence
between businesses and customers, governments and citizens, platforms and users.
LINK has over 40,000 customer accounts globally and exchanges more than 10
billion messages a year. For more information about LINK, please see
www.linkmobility.com

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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