Dec 21, 2023

Notification of transactions by persons discharging managerial responsibilities and persons associated with them

In accordance with EU’s Market Abuse Regulation article 19, SPENN Technology A/S must notify Danish FSA and publicly disclose transactions made by persons discharging managerial responsibilities and persons closely associated with them on the trading of SPENN Technology shares.

Company Announcement No. 114

SPENN Technology A/S has received notification pursuant to article 19 of regulation (EU) no. 596/2014 of the below transactions related to financial instruments linked to shares in SPENN Technology A/S.

SPENN Technology hereby notifies and submits the following transaction of shares in SPENN:

JAC Invest AS, owned by CEO at SPENN Technology A/S Jens Glaso, has purchased 13.299 shares for DKK 5,5934 per share. The purchase results in a total holding of 5.295.557 shares of SPENN Technology A/S by JAC Invest AS.

Mandatory transaction reports for the Danish FSA (Finanstilsynet) are attached to this announcement.

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 and on OTCQX in USA.

Ticker codes:

Europe – Nasdaq First North: SPENN

USA – OTCQX: SPNNF

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