Oslo, Norway, 30 March:
Reference is made to the stock exchange announcement of 25 March 2021 whereby
Xplora Technologies AS ("Xplora" or the "Company") disclosed the entering into
of a share purchase agreement to acquire all shares in Xplora Mobile Holding AS.
The purchase price for the shares is NOK 219,101,679, and pursuant to the share
purchase agreement Xplora shall settle NOK 138,796,739 of the purchase price by
issuing new shares in the Company to the sellers.
On this background, Xplora hereby calls for an extraordinary general meeting in
the Company to be held on 13 April 2021 at 14:00 hours (CET), by electronic
means. The meeting shall i.a. resolve on the granting of a board authorization
for the issuance of new shares in the Company.
Shareholders can join the general meeting on 13 April 2021 at 14:00 hours by
using this link https://web.lumiagm.com/158930136
The notice and ancillary documents are enclosed hereto and also made available
on the Company's website at http://myxplora.com/investors
In accordance with Norwegian temporary legislation exempting companies from
physical meeting requirements to reduce Covid-19 risk, the extraordinary general
meeting will be held as a digital meeting only, with no physical attendance for
shareholders. Further information on attendance and voting is provided in the
attached documents and also on http://myxplora.com/investors
For further information please contact:
Sten Kirkbak, CEO +47 922 03 710
Mikael Clement, CFO +47 990 08 000
Karen Guillot, Business Analyst, +47 948 85 859
About Xplora Technologies AS: Xplora is a platform and services company and an
industry leader in the market for children's smartwatches. Xplora was founded to
give children a safe onboarding to the digital life and a better balance between
screen time and physical activity. Xplora's vision is to enable children around
the world to experience how their everyday activities can create value and make
a positive change to the world. The company is headquartered in Norway with
operations in leading European markets.