Inside Information: Tecnotree Corporation announces a hold on the publication of final terms for the issuance of the compulsory convertible debentures

Tecnotree Corporation inside information 3 May 2023 at 18:40 EET

Tecnotree Corporation ("Tecnotree" or the "Company") announced on 18 April 2023 its intention to publish the final terms of the transaction for the issuance of the Compulsory Convertible Debentures (the "Transaction"), including the subscription period and instructions for participation, on or before 3 May 2023.

Following demand for an Extraordinary General Meeting (EGM) vide release dated 2 May 2023, Tecnotree has decided to put on hold the publication of the final terms of the Transaction.

Further information
Indiresh Vivekananda. CFO. tel. +971 56 410 8357

About Tecnotree
Tecnotree is a 5G-ready digital Business Support System (BSS) player with AI/ML capabilities and multi-cloud extensibility. It has over 40 years of deep domain expertise and it is amongst the first few companies to attain Platinum Badge in the world for Open API standards by TM Forum. It’s agile and open-source Digital BSS Stack comprises of the full range (order-to-cash) of business processes and subscription management for telecommunication players and other digital services providers, creating opportunities beyond connectivity. Tecnotree also provides a Fintech solution and a B2B2X multi-experience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, heath, education, OTT and other vertical ecosystems. Tecnotree is listed on Nasdaq Helsinki (TEM1V). For more information, please visit www.tecnotree.com.