Oslo, Norway, 26 February 2021: Reference is made to Xplora Technologies AS'
("Xplora" or the "Company") stock exchange announcement published on 10 February
2021 regarding the completion of a private placement raising approximately NOK
153 million in gross proceeds through the issuance of new shares in the Company,
at a price of NOK 42 per share.
The share capital increase pertaining to the private placement has now been
registered with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret). The new share capital of the Company is NOK 145 540.832
divided into 36 385 208 shares, each with a par value of NOK 0.004.
Following the registration of the new shares in the Norwegian Central Securities
Depository (the VPS), the new shares will be delivered and listed on Euronext
For further information please contact:
Sten Kirkbak, CEO +47 9220 3710
Mikael Clement CFO +47 9900 8000
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.