Hiddn Solutions ASA - Mandatory notification of trade

Reference is made to the announcement made on 16 November 2017 by Hiddn Solutions ASA (the "Company") in connection with a successfully private placement of NOK 7,500,000 million in new shares.

Dallas Asset Management AS, a company controlled by Jan Opsahl, board member in the Company, has been allocated 1,000,000 shares in the Company. Following the completion of the private placement, Dallas Asset Management AS will hold 3,200,000 shares (4.29%) in the Company.

Wollebekkgruppen AS, a company 50 % owned by Carl Espen Wollebekk, CEO, has been allocated 100,000 shares in the Company. Following the completion of the private placement, Wollebekkgruppen AS will hold 100,000 shares (0.13%) in the Company.

Finn Clausen Gruppen AS, a company 50 % owned (indirectly through Wollebekkgruppen AS) by Carl Espen Wollebekk, CEO, has been allocated 250,000 shares in the Company. Following the completion of the private placement, Finn Clausen Gruppen AS will hold 4,250,000 shares (5.7%) in the Company.

Intelco Concept AS, represented in the Company’s board by chairman Øystein Tvenge, has been allocated 750,000 shares in the Company. Following the completion of the private placement, Intelco Concept AS will hold 10,605,969 shares (14.22%) in the Company.

Øystein Tvenge, chairman, has been allocated 750,000 shares in the Company.  Following the completion of the private placement, Øystein Tvenge will hold 1,132,271 shares (1.52%) in the Company

All of the above transactions were made at a price of NOK 2 per share. 

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This information is subject of the disclosure requirements pursuant to section 5-12 cf. 4-2 of the Norwegian Securities Trading Act.

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