Sikri Holding AS : - Successful completion of private placement

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Oslo, 26 April 2021. Reference is made to the stock exchange announcement by
Sikri Holding AS ("Sikri" or the "Company") earlier today on 26 April 2021,
regarding the contemplated private placement of up to 4,000,000 new shares,
raising of up to NOK 460 million in gross proceeds to the Company (the "Private
Placement").

The Company is pleased to announce that the Private Placement has been
successfully completed, raising NOK 460 million in gross proceeds to the Company
through allocation of 4,000,000 new shares (the "Offer Shares") at a price of
NOK 115 per share (the "Offer Price"). The Private Placement took place through
a bookbuilding process managed by ABG Sundal Collier ASA ("ABGSC" or the
"Manager") after close of market on 26 April 2021. The Private Placement was
well oversubscribed and attracted strong interest from existing shareholders in
the Company and high quality institutional investors.

The Company intends to use the net proceeds from the Private Placement to
finance the equity component of the Company's strategic acquisition of Ambita AS
("Ambita"), a technology company delivering solutions digitizing the real estate
market, from the Norwegian Ministry of Trade, Industry and Fisheries as
announced on 19 April 2021 (the "Acquisition"), as well as for continued organic
and in-organic growth initiatives. 

Allocation to investors and payment instructions is expected to be communicated
on or about 27 April 2021. The Offer Shares will be settled with existing and
unencumbered shares in the Company that are already listed on Euronext Growth,
pursuant to a share lending agreement between the Manager, the Company and
Karbon Invest AS, in order to facilitate delivery of listed shares to investors
on a delivery versus payment basis. The Offer Shares will thus be tradable from
allocation. 

ABGSC will settle the share loan with a corresponding number of new shares in
the Company which were resolved issued by the Company's Board of Directors on 26
April 2021 in accordance with the authorisation granted by the Company's
extraordinary general meeting held on 24 June 2020. Following registration of
the share capital increase pertaining to the Offer Shares with the Norwegian
Register of Business Enterprises, the Company will have a registered share
capital of NOK 1,880,386 divided into 18,803,855 shares, each with a nominal
value of NOK 0.10.

The Guarantors and the following primary insiders or their related parties have
been allocated Offer Shares in the Private Placement:

Karbon Invest AS has been allocated 870,000 Offer Shares in the Private
Placement, equivalent to NOK 100 million. Following completion of the Private
Placement, Karbon Invest AS will own 8,081,273 shares in the Company,
representing 42.98% of the then issued and outstanding shares in the Company.
Karbon Invest AS is indirectly controlled by chairman of the board in the
Company, Jens Rugseth. 

Carucel N59 AS has been allocated 217,400 Offer Shares in the Private Placement,
equivalent to NOK 25 million. Following completion of the Private Placement,
Carucel N59 AS will own 2,090,218 shares in the Company, representing 11.12% of
the then issued and outstanding shares in the Company. Carucel N59 AS is
represented on the Company's board by Preben Rasch-Olsen.

M25 Industrier AS has been allocated 217,000 Offer Shares in the Private
Placement, equivalent to NOK 25 million. Following completion of the Private
Placement, M25 Industrier AS will own 2,022,809 shares in the Company,
representing 10.76% of the then issued and outstanding shares in the Company.
M25 Industrier AS is controlled by board member Fredrik Cappelen.


Advisors: 

ABG Sundal Collier ASA is acting as financial adviser and sole bookrunner and
AGP Advokater is acting as legal advisor to Sikri in connection with the Private
Placement.

For further information, please contact:

Nicolay Moulin, CEO - Sikri
E-mail: [e-mail]. Telephone: [phone]

About Sikri:

Sikri is a software company that specializes in delivering critical software
solutions to the public sector in the Nordic region. Sikri has historically
delivered the best digital solution for case management and archive systems
specialized to the public sector and are now also delivering broad software
solutions. Sikri offers complete solutions for cloud services, conversion and
delivery of databases and documents, as well as the construction case area
(eByggesak), map and cadastre. Sikri Holding AS is a Norwegian private limited
company having its shares admitted to trading on Euronext Growth Oslo, an MTF
operated by Oslo Børs, with ticker "SIKRI".


Important Notice
This announcement is not, and does not form a part of, any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. The
distribution of this announcement and other information may be restricted by law
in certain jurisdictions. Copies of this announcement are not being made and may
not be distributed or sent into any jurisdiction in which such distribution
would be unlawful or would require registration or other measures. Persons into
whose possession this announcement or such other information should come are
required to inform themselves about and to observe any such restrictions. 

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act and in accordance with applicable U.S. state securities laws.
The Company does not intend to register any part of the offering or their
securities in the United States or to conduct a public offering of securities in
the United States. Any sale in the United States of the securities mentioned in
this announcement will be made solely to "qualified institutional buyers" as
defined in Rule 144A under the Securities Act.

In any EEA Member State, this communication is only addressed to and is only
directed at qualified investors in that EEA Member State within the meaning of
the Prospectus Regulation, i.e., only to investors who can receive the offer
without an approved prospectus in such EEA Member State. The expression
"Prospectus Regulation" means Regulation 2017/1129 as amended together with any
applicable implementing measures in any EEA Member State. 

This communication is only being distributed to and is only directed at persons
in the United Kingdom that are (i) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities,
and other persons to whom this announcement may lawfully be communicated,
falling within Article 49(2)(a) to (d) of the Order (all such persons together
being referred to as "relevant persons"). This communication must not be acted
on or relied on by persons who are not relevant persons. Any investment or
investment activity to which this communication relates is available only for
relevant persons and will be engaged in only with relevant persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so. 

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. The forward-looking statements in this release are based
upon various assumptions, many of which are based, in turn, upon further
assumptions. Although the Company believes that these assumptions were
reasonable when made, the assumptions are inherently subject to significant
known and unknown risks, uncertainties, contingencies and other important
factors which are difficult or impossible to predict and are beyond the
Company's control. 

Actual events may differ significantly from any anticipated development due to a
number of factors, including without limitation, changes in investment levels
and need for the Company's services, changes in the general economic, political
and market conditions in the markets in which the Company operates, the
Company's ability to attract, retain and motivate qualified personnel, changes
in the Company's ability to engage in commercially acceptable acquisitions and
strategic investments, and changes in laws and regulation and the potential
impact of legal proceedings and actions. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by
forward-looking statements. The Company does not provide any guarantees that the
assumptions underlying the forward-looking statements in this announcement are
free from errors nor does it accept any responsibility for the future accuracy
of the opinions expressed in this announcement or any obligation to update or
revise the statements in this announcement to reflect subsequent events. You
should not place undue reliance on the forward-looking statements in this
document.

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement.
Neither the Manager nor any of its respective affiliates make any representation
as to the accuracy or completeness of this announcement and none of them accept
any responsibility for the contents of this announcement or any matters referred
to herein.

This announcement is for information purposes only and is not to be relied upon
in substitution for the exercise of independent judgment. It is not intended as
investment advice and under no circumstances is it to be used or considered as
an offer to sell, or a solicitation of an offer to buy any securities or a
recommendation to buy or sell any securities in the Company. Neither the Manager
nor any of its respective affiliates accept any liability arising from the use
of this announcement.

This announcement is an advertisement and is not a prospectus for the purposes
of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14
June 2017 on prospectuses to be published when securities are offered to the
public or admitted to trading on a regulated market, and repealing Directive
2003/71/EC (as amended) as implemented in any Member State.

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