Ticknovate Saas Service Agreement with ForSea AB

Digitalist Group Plc    Inside information     23 December 2020 at 10:30

Digitalist Group Plc (“Digitalist Group” or “Company”) has, together with Ticknovate Limited belonging in the same group of companies, concluded a Ticknovate Saas Service Agreement (“Agreement”) with ForSea AB. The Agreement is in force until 31 August 2027. The Company estimates the value of the Agreement to be approximately EUR 1.9 million.

Digitalist Group estimates that the Agreement will not affect its earlier guidance for 2020, according to which, in 2020, turnover is expected to decrease in comparison with 2019, and EBITDA is expected to improve in comparison with 2019.

DIGITALIST GROUP PLC

Further information:

Digitalist Group Plc

Petteri Poutiainen, CEO,

tel. +358 40 865 4252, [email protected]

Mervi Södö, CFO, tel. +358 40 136 5959, [email protected]

Distribution:

Nasdaq Helsinki Ltd

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