Anders Rygh (ARygh Holding AS), Geir Ødegård (Produco Invest 1 AS ) and Lars Christian Torhaug (T5 Invest AS) combined management of TPXimpact Norway AS acquired TPXimpact Norway AS from TPXimpact Holdings plc (AIM:TPX) for £1 on October 16, 2023. This disposal is considered a related party transaction and the directors consider, having consulted with its nominated adviser, that the terms of the transaction are fair and reasonable insofar as its shareholders are concerned. For the year ended March 31, 2023, TPXimpact Norway generated £2 million of revenue, £0.2 million of Adjusted EBITDA and £0.2 million of profit after tax. Gross assets as at March 31, 2023 were £2.7 million (including £1.9 million of goodwill and intangible assets). Fred Walsh and Ben Burnett of Stifel Nicolaus Europe Limited acted as financial advisor and James Serjeant and Russell Cook of Dowgate Capital Limited acted as joint broker to TPXimpact Holdings PLC.

Anders Rygh (ARygh Holding AS), Geir Ødegård (Produco Invest 1 AS ) and Lars Christian Torhaug (T5 Invest AS) combined management of TPXimpact Norway AS completed the acquisition of TPXimpact Norway AS from TPXimpact Holdings plc (AIM:TPX) on October 16, 2023.