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Clavister to Refinance and Reduce Short-term Debt

Örnsköldsvik, Sweden, 9 September 2020. Clavister, a leading supplier of high-performance cybersecurity solutions, announces that it is refinancing a current short-term loan of 50 MSEK with Tagehus Holding AB.

In September 2017, Clavister took out a loan from Tagehus Holding AB amounting to 50 MSEK with a duration of three years. Clavister is now refinancing this loan through a financing from Formue Nord Markedsneutral A/S along with a current Clavister shareholder. The financing amounts to 35 MSEK, with a duration of three months and runs with an accrued interest at 1% per month. Remaining 15 MSEK of the loan from Tagehus Holding AB is being paid from Clavister’s own liquidity.

For additional information regarding this press release, please contact:  
John Vestberg, President and CEO, +46 (0)660-29 92 00 or ir@clavister.com  

About Clavister

Clavister is a leading European cybersecurity vendor with over 20 years of experience. Seated in Sweden, the company has customers—communication service providers, governments, enterprises and managed security service providers (MSSPs)—in more than 150 countries. Clavister provides unique security solutions to protect their digital assets and secure business continuity. The stock, Clavister Holding AB, is listed at Nasdaq First North, Growth Markets. FNCA Sweden AB is the Company’s Certified Advisor (+46 8-528 00 399, e-mail: info@fnca.se).

This information is information that Clavister Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 18:20 CET on September 9, 2020.