Jan 5, 2023

Japanese financial service company is taker of new shares issued

SPENN Technology A/S has issued more shares to include Monex Group Inc, the owner of one of the largest crypto exchanges in Japan, to the list of SPENN shareholders.

Company Announcement No. 93 

On 9 December 2022, SPENN Technology did a capital increase of 8,785,437 shares at DKK 0,20 per share for a total price of DKK 1,757,087.50 to Monex Group Inc. The amount was paid in cash.

As part of the transaction, SPENN Technology issued 8,785,437 new shares. Following the transaction, the total number of shares in SPENN Technology is 2,481,836,141.

“We are pleased to include Monex Group among SPENN shareholders. Monex Group is a major financial service player in several markets and keen to utilize the SPENN connection to establish a foothold in Africa,” says Jens Glaso, CEO of SPENN Technology.

For further Information, please contact:
Jens B. Glaso, CEO SPENN Technology A/S. Phone +47 40 40 47 50, e-mail: [email protected]
Certified Adviser: Baker Tilly Corporate Finance P/S, Att.: Gert Mortensen, Partner. 
Phone: +45 33 45 10 00, www.bakertilly.dk/

SPENN Technology A/S
CVR nr.: 26518199
Njalsgade 76, 4.
2300 København S
Tel: +45 8830 0000
www.spenn.com

About SPENN Technology A/S

In a world where 1.7 billion people are still unbanked, SPENN Technology has democratized access to financial markets by bridging the crypto sphere with traditional finance. By utilizing blockchain technology Blockbonds has created a robust real-time payment system in which everyone can manage their savings, payments, investments and loans in an honest, transparent and secure way through the SPENN App platform. Although SPENN Technology A/S is a purpose-driven company with our vision to empower people, we are also a commercial player that always strives to develop new services for our customers.

The SPENN app is an innovative and unique digital banking platform for the unbanked as well as the banked to be able to send and receive money completely cost-free, in markets where the cost of financial services is the highest in the world. SPENN is disrupting the existing mobile payment distribution channels. SPENN has recently launched new integrated services in the platform and expects to launch more crypto services going forward.

SPENN is a technology provider to banks and governments based on a Software as a Service (SaaS) solution and has grown to become a key partner for their bank partners to drive deposits and to stay in front of innovation. SPENN is helping governments regulate the unregulated utilizing new technology and visionary ideas which have ultimately solved the biggest issue within financial inclusion.

SPENN Technology A/S is listed on the Nasdaq First North Growth Market Denmark. Ticker code: SPENN

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