Vend Marketplaces ASA: Danske Bank has completed the sale of shares following the Share Issue

05 Dec 2025 17:56 CET

5.12.2025 17:56:00 CET | Vend Marketplaces ASA | Non-regulatory press releases

Reference is made to the share issue of 6,204,568 new ordinary shares (the "New
Shares") in Vend Marketplaces ASA (the "Company") at a subscription price of NOK
0.50 (which is equal to par value) following the combination of the Company's
share classes (the "Share Issue").

As announced on 17 November 2025, following the final allocation of New Shares,
Danske Bank A/S NUF ("Danske Bank") subscribed and were allocated a total of
1,059,611 New Shares, from underlying subscription rights held by shareholders
with registered addresses in certain ineligible jurisdictions, such as
Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, Switzerland and the
United States and any other jurisdiction where participation in the Share Issue
required the publication of a prospectus, registration or other regulatory
approval or that had not otherwise been subscribed for during the subscription
period. Following the announcement on 17 November 2025, Danske Bank was
allocated an additional 56 New Shares, increasing the total amount of New Shares
sold in the market to 1,059,667.

Danske Bank has now completed the sale of 1,059,667 New Shares in the market,
for a total of approx. NOK 294.4 million. The sale was completed in the period
between 24 November and 4 December 2025 at an average price of NOK 277.845. The
Company will distribute the net proceeds to holders of subscription rights who
were either not permitted to exercise those subscription rights and to holders
who did not use their subscription rights to subscribe for shares, on a pro-rata
basis. Distribution to any such holder is contingent on the amount exceeding NOK
50.

The distribution is expected to take place on or around 9 December 2025.

Oslo, 5 December 2025
Vend Marketplaces ASA

IMPORTANT INFORMATION
This press release and the information herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into Australia,
Canada, Hong Kong, Japan, New Zealand, Singapore, Switzerland or in any other
jurisdiction in which such release, publication or distribution would be
unlawful or require registration or any other measures in accordance with
applicable law.

This press release and the information herein is not an offer of securities in
the United States. The securities referred to herein will not be and have not
been registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act"), and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act.

In the United Kingdom, this press release and the information herein is only
addressed to and directed at persons in the United Kingdom who are "qualified
investors" within the meaning of Article 2(e) of Regulation (EU) 2017/1129, as
amended, as it forms part of retained EU law by virtue of the European Union
(Withdrawal) Act 2018 (the "U.K. Prospectus Regulation"). In addition, this
announcement is being distributed to, and is only directed at, qualified
investors (i) who have professional experience in matters relating to
investments falling within the definition of "investment professionals" in
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "FPO"), (ii) who fall within Article
49(2)(a) to (d) of the FPO or (iii) to whom it may otherwise lawfully be
communicated (all such persons, together with "qualified investors" within the
meaning of Article 2(e) of the U.K. Prospectus Regulation, being referred to as
"Relevant Persons"). This announcement and the information contained herein must
not be acted on or relied upon in the United Kingdom, by persons who are not
Relevant Persons. Any investment or investment activity to which this
announcement relates is available only to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire the same will be engaged
in only with, Relevant Persons.

The securities mentioned in this press release have not been registered and will
not be registered under any applicable securities law in Australia, Canada, Hong
Kong, Japan, New Zealand, Singapore or Switzerland and, subject to certain
exceptions, may not be offered or sold within Australia, Canada, Hong Kong,
Japan, New Zealand, Singapore or Switzerland except under circumstances which
will result in the full compliance with the applicable laws and regulations
promulgated by the relevant regulatory authorities in effect at the relevant
time.

CONTACTS

* Jann-Boje Meinecke, SVP FP&A and Investor Relations, Vend Marketplaces ASA,
+47 941 00 835, ir@vend.com

ABOUT VEND MARKETPLACES ASA

Vend Marketplaces ASA ("Vend") is a family of marketplaces with a strong Nordic
position. As a leading marketplaces company within Mobility, Real Estate, Jobs
and Recommerce, we provide effortless digital experiences designed for the needs
of tomorrow. We do it with a clear sense of purpose, to create sustainable value
and long-term growth, for all our stakeholders and society as a whole.

Vend has an ownership share of 14% in Adevinta, a company that was spun off in
2019 and is now privately owned by a group of investors.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/18742325/6616/Download%20announce
ment%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

661401_Download announcement as PDF.pdf