Mercell Holding ASA - Successful placement of new senior secured bond tap issue

Oslo, 2 June 2021:

Reference is made to the stock exchange notice from earlier today by Mercell Holding ASA ("Mercell" or the "Company") regarding a contemplated SEK bond tap issue.

Mercell has successfully completed the issuance of SEK 500 million additional bonds, under the existing SEK 1,100 million 5-year senior secured bond issue (ISIN: NO0010907876). The new outstanding amount of the bond issue will be SEK 1,600 million. The tap issue received strong demand from high quality institutional investors. Settlement of the tap is expected to be 7 June 2021.

The bonds will be issued at a price of 103% of par. The net proceeds from the tap issue will be used, together with the proceeds from the private placement announced on 1 June 2020, to fund the acquisition of Cloudia Oy by the Company's subsidiary, Mercell MidCo AS, in addition to general corporate purposes and part funding of acquisitions.

ABG Sundal Collier and Pareto Securities acted as joint managers and bookrunners in connection with the placement of the tap issue.

For further information please contact:

CFO Fredrik Eeg
Cell: +47 90 83 33 78
Email: freg@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 3,000 buyers and some 26,000 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.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Fredrik Eeg, CFO at Mercell Holding ASA on 2 June 2021 at 14:15 CEST on behalf of the Company.