Increased number of shares and votes

As previously announced has Vitec Software Group AB (publ), based on the authorization granted by the annual general meeting on 23 April 2018, resolved to carry out a directed new share issue of 2,500,000 class B shares.

As of today, the total number of registered and outstanding shares are 32,338,900, divided between 3,350,000 class A shares and 28,988,900 class B shares. The number of votes has increased with 2,500,000 from 59,988,900 to 62,488,900. The share capital has increased with SEK 250,000 from SEK 2,983,890 to SEK 3,233,890

For more information, please contact

Patrik Fransson, Investor Relations

patrik.fransson@vitecsoftware.com

+46-76-9428597

Disclaimer

This information is information that Vitec Software Group AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 08:30 CET on, December 28, 2018.

About Vitec

Vitec is market leader for Vertical Market Software in the Nordic region. We develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. Our 650 employees are based in Denmark, Finland, Norway and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 855 million in 2017. Find more at www.vitecsoftware.com.