Oslo, 29 September 2023
Verdane Capital VIII K/S, a fund operated by Verdane Capital Advisors
("Verdane"), Sundt AS ("Sundt") and certain other buyers have today entered into
an agreement whereby Verdance will sell 7,400,000 shares in Napatech A/S
("Napatech") (the "Transaction"). The shares will be sold at a price per share
of NOK 10.15.
The settlement of the Transaction will be conducted on a normal
delivery-versus-payment basis (DVP, T+2).
Prior to the Transaction, Verdane holds 22,613,618 shares in Napatech,
representing approx. 25.07% of Napatech's outstanding shares and votes.
Following completion of the Transaction, Verdane will hold 15,213,618 shares in
Napatech, representing approx. 16.87% of Napatech's outstanding shares and
votes, and will accordingly cross below the 20% thresholds for disclosure of
large shareholdings.
Sundt currently holds 8,622,000 shares in Napatech, representing approx. 9.56%
of Napatech's outstanding shares and votes. Following completion of the
Transaction, Sundt will hold 10,500,000 shares in Napatech, representing approx.
11.64% of Napatech's outstanding shares and votes, and will accordingly cross
above the 10% threshold for disclosure of large shareholdings.
Verdane is a close associate of Christian Jebsen, who is a member of Napatech's
Board of Directors. Please refer to the attached notification form on disclosure
of transactions made by persons discharging managerial responsibilities and
their close associates.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act, and section 38 of the Danish
Capital Markets Act.
This information was distributed by Oslo Børs https://www.oslobors.no/