PRESS RELEASE
(Stavanger, NORWAY – 21 December 2021) Huddlestock Fintech AS (OSE: HUDL) Trade subject to notification for primary insiders.
As of 21 December 2021, and as part of the recent private placement,
Øyvind Hovland, Chairman of the Board in Huddlestock Fintech AS, has purchased 20 000 shares in Huddlestock Fintech AS at an average share price of NOK 2.600. He holds 8 286 715 shares in Huddlestock Fintech AS through Vision Invest Stavanger AS and 648 526 through Huddle AS.
Murshid Ali, Board Member in Huddlestock Fintech AS, has purchased 20 000 shares in Huddlestock Fintech AS at an average share price of NOK 2.600. He holds 6 597 665 shares in Huddlestock Fintech AS through Berker Group AS.
John E. Skajem, Chief Executive Officer in Huddlestock Fintech AS, has purchased 42 837 shares in Huddlestock Fintech AS at an average share price of NOK 2.600. He holds 861 606 shares in Huddlestock Fintech AS.
Cecilia Lurås, Chief Strategy Officer in Huddlestock Fintech AS, has purchased 60 000 shares in Huddlestock Fintech AS at an average share price of NOK 2.600. She holds 85 000 shares in Huddlestock Fintech AS.
As of 21 December 2021, and as part of a planned programme of vesting of shares,
Gustav Ekeblad, Chief Technology Officer in Huddlestock Fintech AS, has sold 146 155 shares in Huddlestock Fintech AS at an average share price of NOK 2.614. He retains a holding of 720 775 shares in Huddlestock Fintech AS.
Said Aspen, Chief Innovation Officer in Huddlestock Fintech AS, has sold 146 155 shares in Huddlestock Fintech AS at an average share price of NOK 2.600. He retains a holding of 720 775 shares in Huddlestock Fintech AS.
Petter Midtsian, Chief Executive Officer Sweden in Huddlestock Fintech AS, has sold 146 155 shares in Huddlestock Fintech AS at an average share price of NOK 2.614. He retains a holding of 720 775 shares in Huddlestock Fintech AS.
Lars Stage Thomsen, Chief Executive Officer Denmark in Huddlestock Fintech AS, has sold 48 620 shares in Huddlestock Fintech AS at an average share price of NOK 2.600. He retains a holding of 245 102 shares in Huddlestock Fintech AS.
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.
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.
To see all press and investor releases please have a look in the investor relations section of our corporate website www.huddlestock.com/investor-relations
For further information, please contact:
CONTACTS:
John E. Skajem, CEO, +47 418 87 412, jes@huddlestock.com
Cecilia Luras, Director of Strategy & IR, +44 75 0090 5131, col@huddlestock.com
About Huddlestock Fintech:
Huddlestock Fintech delivers innovative technology solutions to the capital markets, treasury and wealth management industries.
Through its technology offering, Huddlestock offers an innovative, compliant, and data-centric WealthTech SaaS, accelerating the digital transformation, and trends of hyper-personalization and on-demand banking within the wealth management industry. Huddlestock’s SaaS empowers the embedding of low-cost, efficient white-label trading and investment services, underpinning Huddlestock’s mission of delivering financial inclusion by democratizing access to capital markets.
Through its world-class expert professional services business, Huddlestock delivers strategic technology solutions and process automation for the financial services industry. This range of services has propelled Huddlestock into becoming the preferred supplier of financial consultancy services and technology solutions in the Nordic region. Huddlestock Fintech AS was listed on Euronext Growth Market 26 November 2020, as Norway’s first fintech company to be publicly traded.
For more information, please visit www.huddlestock.com
The announcement is made by the contact persons set out above.