20 Jun 2024 14:00 CEST

Issuer

Lokotech Group AS

Oslo/Madrid 20th of June 2024

With reference to stock exchange announcement on 28.05.2024

The board in Powerpool Mining Sl., owned 66,65% by Lokotech Group AS, held a
board meeting today planning the dividend scheme for 2024.

The board decided to pursue a bi-monthly dividend, retaining sufficient working
capital in the subsidiary to self-fund growth initiatives. As of now, this
retainment is planned to be ~20% of net revenues. The dividend will be
transferred and reported end of july, end september and end november

If there are no significant changes in the market situation on hashrate price,
which takes into account the cryptocurrency prices and the competing hashrate,
or changes in Powerpools hashrate – which at all times are available at
www.powerpool.io - as well as the overall market share of Powerpool, the
dividends should be in-line with historic performance.

For more information, contact us at post@lokotech.no

This information is mandatory in accordance with Section 5-12 of the Norwegian
Securities Trading Act.


Source

Lokotech Group AS

Provider

Oslo Børs Newspoint

Company Name

LOKOTECH GROUP AS

ISIN

NO0010921299

Symbol

LOKO

Market

Euronext Growth