NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S
REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY
OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL
Reference is made to the stock exchange announcement made by CodeLab Capital AS
(the "Company") on 26 May 2025 regarding the successful private placement of 4
799 998 new shares in the Company (the "Private Placement"), and that the
Company intends to carry out a subsequent offering (the "Subsequent Offering")
with non-tradeable subscription rights of up to 500 000 new shares in the
Company which, subject to applicable securities law, will be directed towards
existing shareholders in the Company as of 26 May 2025 (as registered with the
VPS two trading days thereafter) who (i) were not allocated Offer Shares in the
Private Placement, and (ii) are not resident in a jurisdiction where such
offering would be unlawful or would require any prospectus, filing, registration
or similar action.
Key information:
Date of announcement of terms: 26 May 2025
Last trading day including right to receive subscription rights: 26 May 2025
First trading day excluding right to receive subscription rights: 27 May 2025
Record date: 28 May 2025
Maximum number of new shares: 500 000
Subscription price: NOK 3 per share
Will the subscription rights be listed: No
The Subsequent Offering is subject to (i) completion of the Private Placement