Reference is made to the stock exchange announcement from SoftOx Solutions AS
(the "Company") on 16 February 2021 regarding the commencement of the
subscription period in the planned subsequent offering and parallel employee
offering, both consisting of an issuance of up to 181,818 new shares in the
Primary insider Geir Almås, CEO, has committed to subscribe for NOK 1 999 800 in
the Employee Offering.
Primary insider Melvin Teigen, Chairman of the Board, has committed to subscribe
for NOK 550 000 in the Employee Offering.
Primary insider Glenn Gundersen, Medical Director, has committed to subscribe
for NOK 250 250 in the Employee Offering.
Primary insider Hans Petter Grette, Business Development & Marketing Director,
has committed to subscribe for NOK 400 840 in the Employee Offering.
Primary insider Kristine Rød, Finance Manager, has committed to subscribe for
NOK 200 000 in the Employee Offering.
The subscription period for the Company's employees, the Board of Directors and
certain invited hired external consultants expire at 16:30 hours (CET) on 24
February 2021. By 23 February 2021 there has been made subscriptions by primary
insiders for MNOK 3 400. The Employee Offering is conditional upon a final
approval and allocation from the Board of Directors around 24 February 2021 and
issued under a board authorization granted by the Company's general meeting held
on 4 January 2021. The shares in the Subsequent Offering will be allocated by
the Board of Directors and will be issued in accordance with the resolution made
by the Company's general meeting held on 4 January 2021.
For further information, please contact:
Geir Almås, CEO of SoftOx Solutions AS, or
Kristine Rød, FM of SoftOx Solutions AS
Mobile: +47 977 59 071
About SoftOx Solutions AS
SoftOx Solutions AS (SoftOx, listed on the Oslo Stock Exchange Euronext Growth)
is a Norwegian MedTech company based in Oslo with the aim of helping to combat
major threats to human health, namely the emergence of antimicrobial resistance
(AMR), biofilm infections in chronic wounds and the spread of viruses. For more
information on SoftOx, visit www.soft-ox.com