HUDDLESTOCK FINTECH AS HUDL MANDATORY NOTIFICATION OF TRADE BY PRIMARY INSIDERS AND CLOSELY RELATED PERSONS

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Huddlestock Fintech AS "HUDL" or "The Company” has been notified that these transactions have been made effective today by the registration of capital increase resolved in connection with the closing of the acquisition of Trac Services AS and Tracs Technology AS, as reported earlier today by the Company.

Board member Morten Flørenæss has received 171,185 shares in the Company for a price of NOK 2,60 per share, such shares being Mr. Flørenæss total shareholding in the Company following the transaction.

Vigmostad Invest AS, being closely related to board member Jan Sigurd Vigmostad, has received 337,841 shares in the Company for a price of NOK 2,60 per share, such shares being the total shareholding of Vigmostad Invest AS in the Company following the transaction.

Njord Group AS, being closely related to board member Jan Sigurd Vigmostad, has received 12,429,113 shares in the Company for a price of NOK 2,60 per share, such shares being the total shareholding of Njord Group AS in the Company following the transaction, constituting 7,3 percent of all the issued shares of Huddlestock Fintech AS.

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This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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About Huddlestock Fintech AS

Huddlestock Fintech is an innovative technology software provider with a leading expert professional services business.  We deliver innovative and sustainable 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 26th November 2020, as Norway’s first fintech company to be publicly traded. 

For more information, please visit www.huddlestock.com

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