Oslo, 9th January 2026. Norwegian Block Exchange AS (NBX), a leading Nordic
cryptocurrency service provider and the first Norwegian listed active Bitcoin
treasury company, announced a mandatory notification of trade by close associate
and start of Put Option Agreement 5. The purpose of the POA is to acquire more
Bitcoin to the company's Bitcoin treasury while simultaneously positioning the
company to meet future capital requirements related to issuance of E-money
tokens.
Reference is made to the stock exchange notice from Norwegian Block Exchange AS
on 5th January 2026 regarding the additional acquisition of 3.5 Bitcoin as part
of the company's long-term treasury strategy at approximately NOK 894,000 per
Bitcoin.
Reference is also made to the stock exchange notice of 27th June 2025 regarding
the financing agreement with LDA Capital. Pursuant to the existing loan
agreement, Observatoriet Invest AS, a close associate of board member Bjørn
Kjos, has delivered 16,890,000 shares to LDA Capital Ltd. ("LDA"). The shares
will be delivered back to Observatoriet Invest AS once the period is completed
and new shares are issued. The aforementioned shares constitute a loan. The same
number of shares will be returned to Observatoriet Invest AS. Similar to
previous loans, no interest or fees will be paid.
The cooperation with LDA Capital was extended in 2025, and the company has a
$10M USD financing line to draw upon, increasing flexibility and reducing
reaction time in case of accretive opportunities. Adding to our BTC treasury and
strengthening our balance sheet is such an opportunity.
The dynamics have been largely misunderstood by many market participants due to
complexity. As communicated, NBX fully controls the equity dilution under this
agreement, which is more effective and has a lower cost associated compared to
traditional financing for companies of our maturity.
Please refer to the attached notification of trading for further details and
past messages.
This information is subject to the disclosure requirements in Article 19 of the
Market Abuse Regulation and Section 5-12 of the Securities Trading Act.
Contact person: Stig Kjos-Mathisen, CEO
Email: stig.aleksander.kjos-mathisen@nbx.com
Phone: +47 932 87 572