OSLO, NORWAY - 3 MARCH 2023 - Reference is made to the stock exchange
announcement published by Zwipe AS (the "Company") on 15 February 2023 regarding
the approval by the Company's extraordinary general meeting of a fully
guaranteed rights issue of 20,862,047 new shares in the Company, at a
subscription price of NOK 4.80 per new share, raising gross proceeds of NOK
100,137,825.60 (the "Rights Issue") with transferable preferential rights to
subscribe for, and be allocated, the new shares in the Rights Issue (the
"Subscription Rights") by the Company's shareholders as of 27 February 2023 (and
being registered as such in the VPS or in Euroclear as at the expiry of 1 March
2023).
Please see the attached notifications of trade for information regarding the
primary insiders' and their close associates' receipt of Subscription Rights in
the Rights Issue.
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This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.
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About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit http://www.zwipe.com.
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For further information, please contact:
Danielle Glenn, CFO and Head of IR
E-mail: ir@zwipe.com (danielle@zwipe.com)