Reference is made to the announcement by Vend Marketplaces ASA ("Vend") on 17 September 2026 and to the prospectus published today by Prisjakt AB (publ) in connection with its planned listing. The prospectus describes the claim for damages of approximately SEK 21.4bn brought by Prisjakt Sverige AB against Google before the Patent and Market Court in Stockholm, and how any proceeds from the claim would be allocated.
Pursuant to the share purchase agreement and related third-party litigation funding arrangements, Vend's recovery is estimated to amount to approximately 50% of the gross recovery (before deduction of fees or actual costs directly related to the proceedings as well as applicable taxes). Vend’s final recovery depends on the ultimate size of the recovery.
While Vend retains certain contractual rights relating to the proceedings, it is not a party to the lawsuit. The claim inherently relies on Prisjakt’s historical operations, data and evidence to substantiate any economic loss. Vend emphasises that every legal process carries an inherent uncertainty, and that the potential impact for Vend is dependent on a number of factors which are difficult to predict at this stage.
Vend will inform the market if and when material new information becomes available.
Oslo, 13 October 2026
Vend Marketplaces ASA
Vend Marketplaces ASA (“Vend”) is a family of marketplaces with a strong Nordic position. As a leading marketplaces company within Mobility, Real Estate, Jobs and Recommerce, we provide effortless digital experiences designed for the needs of tomorrow. We do it with a clear sense of purpose, to create sustainable value and long-term growth, for all our stakeholders and society as a whole.
Vend has an ownership share of 14% in Adevinta, a company that was spun off in 2019 and is now privately owned by a group of investors.