Cxense ASA – Completed acquisition of Media Business from Ramp Holdings Inc.

Reference is made to the stock exchange notice published by Cxense ASA (the "Company") on 21 September 2015 regarding the Company’s agreement, subject to certain closing conditions, to acquire the media business (the "Business") of Ramp Holdings Inc. ("Ramp”) and the detailed stock exchange announcement regarding same dated 23 September 2015.

The acquisition of the Business was completed on 22 October 2015.

As consideration for the Business, Cxense is paying upon closing of the acquisition US $4.5 million in cash, subject to certain adjustments, and issuing US $ 5.5 million in new Cxense shares.

Further to such completion and as settlement of the part consideration for the Business consisting of Cxense shares, the Cxense Board of Directors, pursuant to an authorization from the Extraordinary General Meeting in Cxense ASA on 12 October 2015, has resolved a share issue of a total of 435,550 Cxense shares to Ramp. The subscription price per share is NOK 103.44.

Following the share issue, Cxense’s share capital will be NOK 29,492,355 divided into 5,898,471 shares, each share having a par value of NOK 5.

The asset purchase agreement contains provisions for potential further closing adjustments of the purchase price.

For more detailed information relating to the acquisition of Media Business from Ramp, please see the Detailed Stock Exchange Announcement dated 23 September 2015.  

23 October 2015

Cxense ASA

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About Cxense

Cxense enables the world’s leading media, e-commerce and consumer brands to take control of their audience data to deliver more engaging and personalized user experiences. Businesses using Cxense's advanced real-time analytics, data management (DMP), advertising, search and personalization technology gain more engaged users, increased digital revenue and higher sales conversions. Cxense is headquartered in Oslo, Norway, with offices worldwide.

Customers include Condé Nast, Dow Jones/Wall Street Journal, Gannett, The Weather Channel, Globo, Grupo Clarin, Singapore Press Holdings, South China Morning Post, AEON, DMM, Rakuten, Naspers, Bonnier, El País, The Guardian, Schibsted, and many more. For more information: www.cxense.com, Twitter: @Cxense. Cxense is listed on the Oslo Stock Exchange with the ticker ‘CXENSE.’

Investor Relations Contact:

Jørgen M. Loeng

Chief Financial Officer

Email: jorgen.loeng@cxense.com

Mobile: +47 906 60 062

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