Norwegian Block Exchange AS (NBX) – First day of trade for NBX on Euronext Growth

14 Dec 2021 09:00 CET

Company Name

NORWEGIAN BLOCK EXCHANGE AS

ISIN

NO0010984966

Market

Euronext Growth

Symbol

NBX

Oslo 14 December 2021 – Norwegian Block Exchange AS (Ticker: NBX) is of today
available for public trading on Euronext Growth in Oslo.

The company offers a complete service of trading in cryptocurrencies, allowing
its users to trade cryptocurrencies using Norwegian, Swedish and Danish Kroner,
in addition to Euro. NBX is headquartered in Oslo, Norway and registered with
the Financial Supervisory Authority of Norway (FSA) and aims to grow in the
Nordic and European markets. NBX is the first crypto exchange to be listed on
Euronext.

– Today marks an important milestone not only for Norwegian Block Exchange
(NBX), but for the entire crypto industry. With today’s listing on Euronext
Growth, NBX will be one of the first crypto exchanges globally to be publicly
listed. A publicly traded stock will be an important tool for us as we pursue
our growth plans. At the same time, we are now opening doors to the world of
crypto not only to customers on our trading platform, but to those who want to
invest in our company, says CEO Stig Aleksander Kjos-Mathisen.

NBX aims to grow its portfolio of services to include both payment services and
in the longer-term full banking services – all based on crypto currencies and
blockchain technology. The company was founded by Norwegian Air Shuttle founder
Bjørn Kjos, who saw a potential to make the payment process in international
travel more efficient.

– Crypto currency and blockchain technology will change the global financial
system completely. We want to play a leading role in this transition and offer
both our users and shareholders a way to take part in the development of the new
industry, says CEO Stig Aleksander Kjos-Mathisen.

Pareto Securities AS is acting as advisor (the "Advisor") for NBX in connection
with the listing on Euronext Growth. Advokatfirmaet Selmer AS is acting as legal
counsel to NBX and AGP Advokater AS is acting as legal counsel to Pareto
Securities AS. Corporate Communications AS is acting as communications advisor
to NBX.

Contact persons:
Stig Kjos-Mathisen, CEO
Email: stig.aleksander.kjos-mathisen@nbx.com, Phone: +47 932 87 574

Torstein Thinn, CFO
Email: torstein.thinn@nbx.com, Phone: +47 986 44 144

Liv Freihow, Director Communications and Public Affairs
Email: liv.freihow@nbx.com, Phone: +47 482 50 924


About NBX:
● Truly Norwegian cryptocurrency exchange and custodian.
● Based in Oslo and registered with the Financial Supervisory Authority of
Norway,
● Offers an easy and secure access to cryptocurrency for everyone, focusing on
the Nordic markets, but open for customers globally
● 25,000 customers at the end of September 2021
● Trading volume of NOK 929 million during the first nine months of 2021
● 21 employees & 12 consultants in 12 countries. Headquarters at Fornebu.
● Largest shareholders: Observatoriet Invest AS (Bjørn Kjos, 31.8%), Sparebanken
Øst (9.9%), Kistefos Investment AS (9.3%), Nye Km Aviatrix Invest AS (8.1%),
Dasha Invest (5.0%) and MP Pensjon (4.7%)

Important information

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 Norwegian Block Exchange AS (the "Company") believe
that these assumptions were reasonable when made, these 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 their control. Actual events may differ significantly
from any anticipated development due to a number of factors, including without
limitation, changes in public sector investment levels, 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 such forward-looking statements. The Company does not make any
guarantee 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 announcement.

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 Advisor nor any of its affiliates makes any
representation as to the accuracy or completeness of this announcement and none
of them accepts any responsibility for the contents of this announcement or any
matters referred to herein.


Quelle

Norwegian Block Exchange AS

Anbieter

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