OSLO, NORWAY - 11 December 2024 - Reference is made to the stock exchange
announcement published by Zwipe AS (the "Company") on 6 December 2024, regarding
the commencement of the subscription period in a new issue of units (the
"Units"), consisting of shares and warrants, with preferential rights for
existing shareholders raising gross proceeds of approximately NOK 40 million
(the "Rights Issue").
The Company has today, 11 December 2024, been informed that Robert Puscaric, CEO
of Zwipe, has subscribed for 500,000 Units. Each Unit consists of one (1) new
share in the Company and one warrant, with the payment of SEK 0.10 applying
solely to the shares. The warrants are issued free of charge. As a result, Mr.
Puscaric has subscribed for 500,000 new shares in the Company. The issuance of
the Units is subject to the completion of the Rights Issue and the Company's
board of directors allocating such Units to Mr. Puscaric in accordance with the
allocation criteria outlined in the prospectus prepared in connection with the
Rights Issue.
Please see the attached notifications of transactions for further information.
Hugo Petit Interim CFOhugo.petit@zwipe.com
About Zwipe
Zwipe is a technology solution provider that enables battery-less, ultra-low
-power, self-contained biometric authentication solutions. Together with an
ecosystem of partners including global brands within security, financial
services and ID applications, Zwipe is "Making Convenience SecureT". Using
advanced fingerprint recognition while protecting personal information, Zwipe's
solutions address the data theft pitfalls inherent in traditional authentication
methods. Headquartered in Oslo, Norway, Zwipe has spent the last 10 years
developing its unique power harvesting technology platform in combination with
security solutions based on international infrastructure standards.
To learn more, visit www.zwipe.com