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Company Announcement No. 25-2022

Copenhagen, 6 July 2022

In accordance with the Market Abuse Regulation, Penneo must notify Finanstilsynet and publicly disclose transactions made by persons discharging managerial responsibilities and persons closely associated with them on trading of Penneo shares. 

Penneo hereby notify and submit the attached transactions of shares in Penneo.

Please note that the price mentioned on the forms is a theoretical market value calculated using the Black Scholes model. Strike price is DKK 10.242. For more information see Company Announcement no. 24.

Penneo operates in the IT sector. The company specializes in product development related to digital signing. The services are used, for example, for signing documents, as well as for internal follow-up within various companies. The products are used by small and medium-sized corporate customers, mainly around the European market. Penneo is headquartered in Copenhagen.