Investor relations

Huddly AS – Crestron and Huddly expand partnership with smart video for large rooms Huddly AS – Crestron and Huddly expand partnership with smart video for large rooms

On 7 October 2021, Crestron announced the addition of Huddly L1 to the Flex camera lineup. L1 will enable smart video collaboration in medium and large rooms. It joins Huddly IQ, which has been providing smart video in small to medium spaces as part of Crestron’s Flex Mini Tabletop, Tabletop, and Soundbar solutions since 2018.

Alex Peras, Director of UC & Corporate Development at Crestron, comments: “Among the many things we’ve learned as individuals continue to work remotely and return-to-office, is video conferencing and collaboration is at the center of the modern workplace. As we saw last week with Google’s real estate acquisition, the corporate office is not going away, so we have to make the experiences better for everyone. Adding immediate support for Huddly cameras helps build on our mission to ensure an immersive and equitable meeting experience, regardless of where participants join from.”

“In a hybrid work environment, having the right tools is crucial to making remote collaboration a true face-to-face experience. Crestron and Huddly both believe that smart video is key to making that happen,” adds Stein Ove Eriksen, CEO, and Co-Founder at Huddly. “We are excited to build on the successful partnership we’ve built over the years and look forward to doubling down on our shared commitment to deliver effective and inclusive collaboration experiences in any space.”

Crestron is a global leader in workplace technologies, engineering and transforming corporate automation and unified communication (UC) solutions for enterprise organizations across Fortune 500 corporations, campuses, facilities, and more, as well as a premium home automation provider who creates platforms, devices, and systems across residential properties including homes, yachts, MDUs, and hotels.

For almost 50 years, Crestron has been designing software and hardware solutions across government, military, lecture halls, and boardrooms, as well as the most discerning residential properties around the globe.

Huddly AS – CFO steps down Huddly AS – CFO steps down

Huddly’s Chief Financial Officer Øystein Drageset has decided to step down from his position. Drageset will remain CFO of the company until a replacement is found and assist with the transition until 31 March 2022. Huddly has initiated a search to recruit Drageset’s replacement.

“I would like to thank Øystein for his dedication and hard work. He has been an important contributor to Huddly’s growth strategy and has made a significant contribution. That Øystein has agreed to stay until March 31 to secure a safe and efficient overlap is a sign of his professionalism”, says Stein Ove Eriksen, CEO of Huddly.

“I am a true believer in Huddly’s technological advantage and not least the exceptional people and culture that constitute the company. After three extremely busy years, I found that the time was right for me to move on”, says Øystein Drageset, departing CFO of Huddly.

Huddly AS – Primary insider trading Huddly AS – Primary insider trading

On 8 September 2021, Multiplikator AS acquired 93,000 shares in Huddly AS at NOK 12.0047 per share.

Multiplikator AS is represented on the board of Huddly AS by Kristian Kolberg. For the benefit of his children, Kristian Kolberg acquired 2,000 shares in Huddly AS at NOK 12.0047 per share.

Following the transaction, Kristian Kolberg and related parties as per the MAR definition, jointly hold 10,545,000 shares in Huddly AS, representing 4.87% of the share capital. When Isar Invest AS and TK Motor Invest AS, also managed by the Kolberg family office and not formally defined as related parties under MAR art. 19, are included, Kristian Kolberg and said associated parties hold in aggregate 11,545,000 shares in Huddly AS, representing in aggregate 5.34% of the share capital.

Huddly AS – Primary insider trading Huddly AS – Primary insider trading

On 20 August 2021, Mertoun Capital AS acquired 114,458 shares in Huddly AS at NOK 10.1988 per share.

Mertoun Capital AS is a related party to Jostein Devold, who represents Mertoun Capital AS on the board of Huddly AS.

Following the transaction, Jostein Devold and related parties hold 15,545,471 shares in Huddly AS, representing 7.19% of the outstanding share capital.

Huddly AS – Primary insider trading Huddly AS – Primary insider trading

On 19 August 2021, Leif Hübert, acquired 100,000 shares in Huddly AS at NOK 9.85 per share. Mertoun Capital AS acquired 85,542 shares in Huddly AS at NOK 9.85 per share. Leif Hübert controls 97.6% of Mertoun Capital AS. Leif Hübert and Mertoun Capital AS are related parties to Jostein Devold, who represents Mertoun Capital AS on the board of Huddly AS. Following the transaction, Jostein Devold and related parties hold 15,431,013 shares in Huddly AS, representing 7.13% of the outstanding share capital.

Q2 2021 Quarterly Report and Presentation Q2 2021 Quarterly Report and Presentation

Please find the Huddly Q2 2021 Quarterly Report and Presentation enclosed.

Huddly Q2 2021 Report   Huddly Q2 2021 Presentation  

Huddly AS – Invitation to presentation of second quarter results 2021 Huddly AS – Invitation to presentation of second quarter results 2021

Huddly AS will release its second quarter 2021 results on Tuesday, 17 August 2021 at 08:00 (CET).

In connection with the release and due to restrictions imposed by COVID-19, a webcast presentation by Huddly management will be held on the same day at 12:00 (CET). The presentation will be held in English. Please direct your interest to participate in the webcast to huddly@lillebyfrisch.no by 08:00 (CET) on 17 August 2021. A link and password to the webcast will be emailed to the participants two hours before the presentation takes place.

Update on synthetic option claim Update on synthetic option claim

Oslo, 21 May 2021: Reference is made to previous descriptions of a matter related to a claim from former Huddly employees for compensation based on certain synthetic options. This matter was detailed in the Information Document for Huddly AS admission to trading of shares on Euronext Growth, dated 15 February 2021, section 1.2.1 on page 10.  A description of the claim was also given in the Huddly Annual Report 2020, dated 2 March 2021, note 17 on page 23.

Huddly AS has received a lawsuit from seven former employees and one current employee regarding this claim. The claim approximately totals NOK 153 mill. Huddly shall submit its response to Oslo District Court within 8 June 2021.

As stated in the Information Document referred to above, the Company’s opinion is that the claim lacks both factual and legal basis, and that the claim now raised is unfounded and without merit.

Huddly AS – Primary insider trading Huddly AS – Primary insider trading

On 12 May 2021 Jacqueline Hardisty Walker has acquired 34,000 shares in Huddly AS each at a share price of NOK 9.3961. Jacqueline Hardisty Walker is a related party to Graham Spencer Williams, Chairman of the board in Huddly AS.

Following the transaction, Graham Spencer Williams and related parties as per the MAR art. 19, jointly hold 21,444,655 shares in Huddly AS, representing 9.91% of the share capital.

Huddly AS has LEI: 213800D37JXCR1BKBZ39 and ISIN: NO0010776990.

This notification is prepared in accordance with the EU Market Abuse Regulation art. 19 and the Securities Trading Act section 5-12.

Huddly AS – Primary insider trading Huddly AS – Primary insider trading

On 11 May 2021, Kolberg Motors AS and Multiplikator AS have acquired a total of 850,000 shares in Huddly AS, 500,000 by Kolberg Motors AS and 350,000 by Multiplikator AS, each at a share price of NOK 9.9849. Both Kolberg Motors AS and Multiplikator AS are related parties to Kristian Kolberg, board member in Huddly AS. Multiplikator AS is 100% owned and controlled by Kristian Kolberg, and Kolberg Motors AS is owned by Kristian Kolberg and his family.

In addition, and also on 11 May 2021, Isar Invest AS, owned by Jan B. Kolberg, acquired 200,000 shares in Huddly AS, each at a share price of NOK 9.9849. Isar Invest AS is not formally defined as a related party to Kristian Kolberg under MAR art. 19, but the company is managed by the Kolberg family office, together with Kolberg Motors AS and Multiplikator AS.

Following the transaction, Kristian Kolberg and related parties as per the MAR definition, jointly hold 10,450,000 shares in Huddly AS, representing 4.83% of the share capital. When Isar Invest AS and TK Motor Invest AS, also managed by the Kolberg family office and not formally defined as related parties under MAR art. 19, are included, Kristian Kolberg and said associated parties hold in aggregate 11,450,000 shares in Huddly AS, representing in aggregate 5.29% of the share capital.

Huddly AS has LEI: 213800D37JXCR1BKBZ39 and ISIN: NO0010776990.

This notification is prepared in accordance with the EU Market Abuse Regulation art. 19 and the Securities Trading Act section 5-12.