SoftOx Solutions AS: Key information relating to potential repair offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL
ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER
JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Reference is made to the inventory alternate announcement from SoftOx Solutions AS
(the "Company") revealed on 15 December 2021 concerning a accomplished non-public
placement of 915,000 new shares elevating gross proceeds of NOK 50 million (the
"Private Placement"), the place it was introduced that the Company will think about
conducting a subsequent repair offering of up to 218,000 new shares (the "Repair
Offering") with non-tradeable subscription rights, which, topic to relevant
securities legal guidelines, will probably be directed in direction of current shareholders within the Company
as of 15 December 2021 (as registered within the VPS two buying and selling days thereafter),
who (i) weren't allotted shares within the Private Placement, and (ii) will not be
resident in a jurisdiction the place such offering could be illegal or (ii) in
different jurisdictions than Norway, would require a prospectus, submitting,
registration or comparable motion. The Company could enable for subscriptions with out
subscription rights.  

Key information:
Date on which the phrases of the Repair Offering was introduced: 15 December 2021
Last day together with proper to obtain subscription rights: 15 December 2021
First day excluding proper to obtain subscription rights (ex-date): 16 December
2021
Record date: 17 December 2021
Maximum variety of new shares: 218,000
Subscription worth: NOK 55 per share
Maximum gross proceeds: Approx. NOK 12 million 
Will the subscription rights be listed: No

The Repair Offering is, inter alia, conditional upon the extraordinary basic
assembly resolving to grant the board of administrators an authorisation to enhance
the share capital, the board of administrators resolving to provoke the Repair
Offering, and the publication of a prospectus in accordance with relevant
laws. 
Whether or not the Repair Offering will happen will depend upon inter alia the
growth of the buying and selling worth of the Company's shares. 

For additional information, please contact:
CEO Geir Almås of SoftOx Solutions AS, or
CFO Kristine Rød of SoftOx Solutions AS
Mail: [email protected]
Mobile: (+47) 948 59 599



About SoftOx Solutions AS
SoftOx Solutions AS (SoftOx, listed on Euronext Growth Oslo) is a Norwegian
BioTech firm based mostly in Oslo with the intention of serving to to fight main threats to
human well being, specifically the emergence of antimicrobial resistance (AMR), biofilm
infections in persistent wounds and the unfold of viruses. For extra information on
SoftOx, go to www.soft-ox.com

Important information 
This announcement isn't and doesn't type part of any supply to promote, or a
solicitation of a suggestion to buy, any securities of the Company. Copies of
this announcement will not be being made and will not be distributed or despatched into any
jurisdiction by which such distribution could be illegal or would require
registration or different measures. The securities referred to on this announcement
haven't been and won't be registered below the U.S. Securities Act of 1933,
as amended (the "Securities Act"), and accordingly will not be supplied or offered in
the United States absent registration or an relevant exemption from the
registration necessities of the Securities Act and in accordance with
relevant U.S. state securities legal guidelines. The Company doesn't intend to register
any a part of the offering in the United States or to conduct a public offering of
securities in the United States. Any sale in the United States of the securities
talked about on this announcement will probably be made solely to "certified institutional
consumers" as outlined in Rule 144A below the Securities Act. In any EEA Member
State, this communication is barely addressed to and is barely directed at certified
buyers in that Member State throughout the that means of the EU Prospectus
Regulation, i.e., solely to buyers who can obtain the supply with out an
authorized prospectus in such EEA Member State. The expression "EU Prospectus
Regulation" means Regulation (EU) 2017/1129 as amended (along with any
relevant implementing measures in any Member State. This communication is barely
being distributed to and is barely directed at individuals within the United Kingdom that
are (A) (i) individuals who've skilled expertise, data and experience in
issues relating to investments and are "funding professionals" for the
functions of article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005, as amended (the "Order"), (ii) excessive web price
entities and different individuals falling inside Article 49(2)(a) to (d) of the Order
and (iii) individuals to whom it could in any other case lawfully be communicated; and (B)
individuals who're "certified buyers" throughout the that means of the EU Prospectus
Regulation because it varieties a part of United Kingdom home legislation by advantage of the
European Union (Withdrawal) Act 2018 (all such individuals being referred to as
"related individuals"). Any funding or funding exercise to which this
communication relates is out there just for related individuals and will probably be engaged
in solely with related individuals. Persons distributing this communication should
fulfill themselves that it's lawful to achieve this. Matters mentioned on this
announcement could represent forward-looking statements. Forward-looking
statements are statements that aren't historic information and could also be recognized by
phrases akin to "consider", "count on", "anticipate", "technique", "intends",
"estimate", "will", "could", "proceed", "ought to" and comparable expressions. The
forward-looking statements on this launch are based mostly upon varied assumptions,
lots of that are based mostly, in flip, upon additional assumptions. Although the Company
consider that these assumptions have been cheap when made, these assumptions are
inherently topic to important identified and unknown dangers, uncertainties,
contingencies and different vital elements that are tough or unattainable to
predict, and are past their management. Actual occasions could differ considerably
from any anticipated growth due to a lot of elements, together with with out
limitation, modifications in public sector funding ranges, modifications within the basic
financial, political and market situations within the markets by which the Company
operates, the Company's capability to appeal to, retain and encourage certified
personnel, modifications within the Company's capability to interact in commercially acceptable
acquisitions and strategic investments, and modifications in legal guidelines and regulation and
the potential influence of authorized proceedings and actions. Such dangers,
uncertainties, contingencies and different vital elements may trigger precise
occasions to differ materially from the expectations expressed or implied on this
launch by such forward-looking statements. The Company doesn't make any
assure that the assumptions underlying the forward-looking statements on this
announcement are free from errors nor does it settle for any duty for the
future accuracy of the opinions expressed on this announcement or any obligation
to replace or revise the statements on this announcement to mirror subsequent
occasions. You mustn't place undue reliance on the forward-looking statements in
this announcement. The information, opinions and forward-looking statements
contained on this announcement converse solely as at its date, and are topic to
change with out discover. The Company doesn't undertake any obligation to assessment,
replace, affirm, or to launch publicly any revisions to any forward-looking
statements to mirror occasions that happen or circumstances that come up in relation
to the content material of this announcement. Neither the Manager nor any of its
associates makes any illustration as to the accuracy or completeness of this
announcement and none of them accepts any duty for the contents of
this announcement or any issues referred to herein. This announcement is for
information functions solely and isn't to be relied upon in substitution for the
train of impartial judgment. It isn't supposed as funding recommendation and
in no way is it to be used or thought of as a suggestion to promote, or a
solicitation of a suggestion to purchase any securities or a suggestion to purchase or
promote any securities of the Company. Neither the Manager nor any of its
associates accepts any legal responsibility arising from using this announcement. The
distribution of this announcement and different information could also be restricted by legislation
in sure jurisdictions. Persons into whose possession this announcement or
such different information ought to come are required to inform themselves about and
to observe any such restrictions.

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