Nustay A/S: The last day of trading in pre-emptive subscription rights in the ongoing rights issue was March 20[th] 2020

Nustay A/S (“Nustay”) hereby informs that March 20^th, 2020, was the last day of trading in pre-emptive subscription rights. The subscription period for the rights issue of units continues until March 24^th, 2020.

Important dates:

• Subscription period: March 10^th, 2020 - March 24^th, 2020.
• Allocation and trading in units: Allocation and trading in units will take place on Spotlight Stock Market from March 26^th, 2020 and continue until March 30^th, 2020 after which each paid unit will be converted automatically into five (5) new shares and three (3) warrants which will be admitted for trading on Spotlight Stock Market.
• Settlement day for final trades in units: Settlement day at VP Securities for final trades in units is expected to April 1^st, 2020.
• Settlement day for conversion to ordinary shares and warrants: The new shares and warrants are expected to be registered with the Danish Business Authority on April 2^nd, 2020. Settlement day at VP Securities for conversion to ordinary shares and allocation of warrants is expected to take place during April 1^st, 2020 and April 2^nd, 2020.
• Trading in new shares and warrants: Trading in the new shares and warrants is expected to commence on April 3^rd, 2020.

For full terms and conditions regarding Nustay's issue, please refer to the prospectus published at Nustay's and Spotlight Stock Markets' respective websites (www.nustay.com and www.spotlightstockmarket.com).
 

Financial advisor and issuing agent:

Sedermera Fondkommission acts as financial advisor and issuing agent to Nustay in connection with the rights issue of units. VP Securities also acts as issuing agent to Nustay in connection to the rights issue of units.

For more information on the rights issue of Units, please contact:

Sedermera Fondkommission

Phone: +46 40 - 615 14 10

E-mail: info@sedermera.se

www.sedermera.se

For further information about Nustay, please contact:

Nustay A/S

E-mail: investor@nustay.com

Website: www.nustay.com

About Nustay:

Nustay is a Danish online hotel booking company established in 2014. The company has developed an innovative booking platform offering the lowest possible hotel prices while also enhancing customer’s booking experience. Nustay has set out an ambitious vision to become the global leader within the online hotel booking industry, and is confident its large hotel room inventory, novel pricing strategy, and transparent booking process, will achieve that goal.