Mercell Holding - Mandatory notification of trade by primary insider
Oslo, 6 May 2021: Reference is made to Mercell Holding ASA's ("Mercell" or the "Company") stock exchange announcement published earlier today, on 6 May 2021, regarding the board of directors' resolution to increase the Company's share capital with NOK 77,469 by the issuance of 387,345 new shares, each with a nominal value of NOK 0.20, in order to facilitate an exercise of 387,345 options pursuant to the Company's share option program.
Primary insider, Katy Agahd, Group HR Director of Mercell, has today exercised 387,345 share options under her share option agreement and subscribed for 387,345 new shares in the Company following the exercise of options. The exercise price for the options was NOK 1.50 per new share.
Following the option exercise and subscription of new shares and the registration of the share capital increase pertaining to the new shares with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret), Katy Agahd holds 387,345 shares and 276,676 options in Mercell.
Please refer to the attached notification of trading for further details.
For further information please contact:
CFO Fredrik Eeg
Cell: +47 90 83 33 78
Email: Fredrik.eeg@mercell.com
This is Mercell:
Mercell is a leading digital platform for public eTendering and entered the eProcurement market in 2020. The company has approximately 2,200 pre-award buyers, 330 post-award buyers and some 26,600 suppliers as customers. Mercell's unique marketplace simplifies the tender and procurement process and makes it easy and secure for buyers to find relevant suppliers for their tenders and purchasing needs, and enables suppliers to find relevant business opportunities and receive and handle purchases from public and private buyers. Mercell delivers services to public and private buyers in 13 European countries with the goal of becoming the leading software-as-a-service (SaaS)-platform for eTendering and eProcurement in Europe. Through the acquisition of Negometrix in February 2021, Mercell also became market leader in the Netherlands and established a foothold in the US market.