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