Notification of transactions by persons discharging managerial responsibilities in Penneo A/S

Company Announcement No. 25-2022

Copenhagen, 6 July 2022

In accordance with the Market Abuse Regulation, Penneo must notify Finanstilsynet and publicly disclose transactions made by persons discharging managerial responsibilities and persons closely associated with them on trading of Penneo shares. 

Penneo hereby notify and submit the attached transactions of shares in Penneo.

Please note that the price mentioned on the forms is a theoretical market value calculated using the Black Scholes model. Strike price is DKK 10.242. For more information see Company Announcement no. 24.

Further information

Christian Sagild

Chairman of the Board 

Tel.: (+45) 21 41 04 87

About Penneo A/S

Penneo is a provider of Software-as-a-Service (SaaS), and was initially established for the purpose of assisting businesses with digital document signing and digitising workflows. Today, the company has developed into an eco-system of digital solutions which automate work routines within for example anti-money laundering (AML) - a RegTech software that offers businesses an efficient and cost-saving way to comply with legislation. 

The original and widespread product "Penneo Sign", which helps customers secure easy online signing of documents, is still continuously developed by the company - while at the same time new products appear, such as Penneo KYC (Know Your Customer) - a product that digitises the work-flows in businesses and contributes to complying with legal requirements in connection with onboarding and identification of customers.  

Penneo holds a strong position in the Nordic countries, and in Denmark alone, more than 740,000 persons signed documents electronically with "Penneo Sign" in 2021. In April 2022,

Penneo was listed on Nasdaq Copenhagen following a listing on Nasdaq First North since June 2020. This transition contributes to strengthening the company's focus on European expansion. 

For information about Penneo, please visit https://penneo.com/investors/