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StrongPoint ASA: Share capital increase

19:21 / 1 June 2022 StrongPoint Press release

1.6.2022 19:21:28 CEST | StrongPoint | Total number of voting rights and capital

(Oslo, 01 June 2022) - Reference is made to the stock exchange notice published
by StrongPoint ASA (ticker: STRO) on May 20, 2022 regarding the acquisition of
Air Link Group Limited. The share purchase agreement regulates that 20% of the
purchase price will be settled with consideration shares in StrongPoint. Part of
the consideration shares need to be issued as new shares as StrongPoint does not
have the total number of shares in treasury. The Board of Directors of
StrongPoint ASA received an authorization from the General Meeting on 28.04.2022
to implement the capital increase.

The Board of Directors of StrongPoint ASA has today decided to increase the
share capital by NOK 317,633.44 - from NOK 27,513,144.80 to NOK 27,830,778.24 -
by issuing 512,312 new shares, each with a nominal value of NOK 0.62. The number
of issued shares in StrongPoint ASA will increase from 44,376,040 shares to
44,888,352 shares following the final registration of the shares.


This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.


* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,


StrongPoint is a retail technology company that provides solutions to make shops
smarter, shopping experiences better and online grocery shopping more efficient.
With over 400 employees in Norway, Sweden, the Baltics and Spain and together
with a wide partner network, StrongPoint supports businesses in more than 20
countries. StrongPoint provides in-store cash management and payment solutions,
electronic shelf labels, self-checkouts, task and labor management software,
click & collect temperature-controlled grocery lockers, in-store and drive-thru
grocery pickup solutions and, grocery order picking solutions. StrongPoint is
headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue
of 1bn NOK [ticker: STRO].


Download announcement as PDF.pdf -
Oslo Børs

This information was distributed by Oslo Børs