Reference is made to the stock exchange announcement published by Napatech A/S
(the "Company") on 7 May 2024 regarding the completion of a private placement of
new shares in the Company, raising gross proceeds of approximately NOK 225
million (the "Private Placement").

As a result of the Private Placement, the board of directors of the Company has
resolved to issue 9,000,000 new shares in the Company with a nominal value of
DKK 0.25 each (the "New Shares"), representing 9.97% of the registered share
capital of the Company prior to the capital increase and 9.06% of the share
capital following the share capital increase.

Delivery of the shares allocated to investors in the Private Placement, was made
by delivery of existing shares in the Company already listed on the Oslo Stock
Exchange pursuant to a share lending agreement between the Company, Verdane
Capital VIII K/S ("Verdane"), ABG Sundal Collier ASA (acting as settlement agent
on behalf of the managers in the Private Placement, the "Settlement Agent") and
SpareBank 1 Markets AS for the purpose of facilitating delivery-versus-payment
(DVP) settlement. The Settlement Agent will settle the share lending by delivery
of the New Shares to Verdane.

The share capital increase pertaining to the New Shares has now been registered
with the Danish Business Authority. After the registration, the total nominal
value of the share capital of the Company is 24,820,800 divided into 99,283,200
shares, each with a par value of DKK 0.25.

The New Shares are expected to be issued through Euronext Securities Oslo
("VPS"), under the permanent ISIN code of the existing shares of the Company,
DK0060520450, and admitted to trading and listing on the Oslo Stock Exchange
immediately hereafter.

Reference is made to the disclosure requirements on changes to the share capital
and voting rights set out in section 32 of the Danish Capital Markets Act.

For further information, please contact:

Lars Boilesen, CEO 
Phone: +45 4596 1500 


Heine Thorsgaard, CFO 
Phone: +45 4596 1500 


Napatech is a leading supplier of programmable FPGA-based SmartNIC solutions
used in telecom, cloud, enterprise, cybersecurity and financial applications
worldwide. Through commercial-grade software suites integrated with robust,
high-performance hardware, Napatech accelerates telecom, networking and security
workloads to deliver best-in-class system-level performance while maximizing the
availability of server compute resources for running applications and services.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange