MERCELL HOLDING - REGISTRATION OF SHARE CAPITAL INCREASE FOLLOWING EXERCISE OF SHARE OPTIONS

Oslo, 20 April 2021: Reference is made to Mercell Holding AS' (the "Company") stock exchange announcement on 14 April 2021, regarding inter alia the board of directors' resolution to increase the Company's share capital with NOK 106,114 by the issuance of 530,570 new shares, each with a nominal value of NOK 0.20, in order to facilitate an exercise of 530,570 options pursuant to the Company's share option program.

The share capital increase pertaining to the option exercise has now been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). The new share capital of the Company is NOK 91,098,624.60 divided into 455,493,123 shares, each with a par value of NOK 0.20. The new shares are expected to be registered with the Norwegian Central Securities Depository (VPS) later today and will upon such registration be listed on Euronext Growth Oslo.

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.