Clavister Announces Drawdown of €5 Million from its Existing European Investment Bank Loan

Örnsköldsvik, Sweden, October 23rd, 2019. Clavister, a leader in high-performance cybersecurity solutions, announces today that it has drawn the third and final tranche of €5 million from its existing European Investment Bank (EIB) loan facility. The total loan facility of €20 million was granted to Clavister in December 2017.

John Vestberg, President and CEO of Clavister, commented: “With this €5 million drawdown, we continue to ensure that we have sufficient funding to drive our relentless focus on growth and improved margins. We would like, once again, to thank the EIB for its support with Clavister’s journey on becoming the leading European cybersecurity expert.”

For more information, please contact:

John Vestberg

President and CEO Clavister
john.vestberg(at)clavister.com

About Clavister

Clavister is a leading European cybersecurity vendor with over 20 years of experience. Seated in Sweden, the company has customers in more than 150 countries; Communication Service Providers, Governments, Enterprises and Managed security service providers (MSSPs). The stock, Clavister Holding AB, is listed at Nasdaq First North Growth Markets. FNCA Sweden AB is the Company’s Certified Advisor (+46 8-528 00 399, e-mail: info(at)fnca.se).