Huddlestock Fintech AS (HUDL, OSE: HUDL) - Registration of share capital increase
2021-07-27 12:10:17
PRESS RELEASE
HUDDLESTOCK FINTECH AS (HUDL) - Registration of share capital increase.
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(Stavanger, NORWAY - 27 July 2021) Huddlestock Fintech AS (HUDL, OSE: HUDL) -
Registration of share capital increase.
Reference is made to the announcement made by Huddlestock Fintech AS (HUDL) on
11 June 2021, where a private placement and debt conversion was announced in
connection with the closing of the acquisition of Visigon Nordic AB.
The share capital increase of 4,354,968 new shares, as resolved by the board
meeting of the company on 11 June 2021, was registered in the Norwegian Register
of Business Enterprises on Tuesday afternoon, 20 July 2021.
The new share capital of Huddlestock Fintech AS is NOK 226,674.7177 comprising
119,302,483 shares, each with a nominal value of NOK 0.0019.
For questions, please contact investor relations.
To see all press and investor releases please have a look in the investor
relations section of our corporate website
www.huddlestock.com/investor-relations
CONTACTS:
John E. Skajem, CEO, +47 418 87 412, jes@huddlestock.com
Cecilia Luras, Director of Strategy & IR, +44 75 0090 5131, col@huddlestock.com
About Huddlestock Fintech:
Huddlestock Fintech AS was listed on Euronext Growth Market 26 November 2020, as
Norway's first fintech company to be publicly traded. Huddlestock Fintech is a
company that develops and implements unique software as a service-solutions for
digitizing work processes for custody banks, asset managers and trading venues.
The open, compliance-optimized and data centric wealthtech platform allows our
customers to offer a differentiated real-time product that reduces cost and
increases efficiency. Huddlestock Fintech's technology enables end-to-end
digital services such as onboarding, client communication, reporting, order
execution and portfolio management, all executed on the same platform.
Huddlestock has developed two technology solutions, Apex (Custody) and Bedrock
(Connectivity). Apex is a software as a service-solution that links custody
services with asset managers and individual investors. Bedrock provides a white
label solution that is primarily a product for financial services firms wanting
to add low cost-efficient trading and investing services to their client web and
app offerings.
Through its world-class expert consultancy Visigon, Huddlestock delivers
strategic technology solutions and process automation for the financial services
industry. Founded in 2003, Visigon has grown into becoming the preferred
supplier of financial consultancy services and technology providers in the
Nordic region. Visigon became part of the Huddlestock Fintech family in 2021.
Huddlestock Fintech has offices in Oslo, Stavanger, Copenhagen, Stockholm,
Munich, Paris and Kuala Lumpur.
For more information, please visit www.huddlestock.com and www.visigon.com.