Seluxit new shares issue oversubscribed - Company Announcement no. 2

Seluxit new shares issue oversubscribed

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Company Announcement No. 2-2018

Copenhagen, November 5, 2018

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Seluxit's offer of DKK 22 - 26 mio. new shares has been received positively by both professional and private investors, who together have subscribed for 36,862,071.80 DKK. corresponding to the maximum offering being oversubscribed by 41.8%.

Seluxit A / S ("Seluxit" or "The Company") today announced the results of the offering of new shares in connection with IPO on Nasdaq First North Denmark ("Offering"), ref. Company Announcement No. 1-2018 of 18 October 2018 and the company description, which was published on October 18, 2018.

The offer was closed on November 2, 2018 at. 23.59 (Danish time). The Company's offer of up to 2,765,957 new shares at a price of DKK 9.40 per share (the "Offer Shares") has been completed and gives the Company gross proceeds of DKK 26 million and a market value of DKK 90 million.

Seluxit has received subscriptions from 1.699 investors for a total of 3,921,497 shares corresponding to the Offering being oversubscribed by total 41.8%. First trading day on Nasdaq First North Denmark is expected to be November 9, 2018 under the symbol "SLXIT" (ISIN: DK0061076130).

CEO Daniel Lux, Seluxit says:

"We are very proud that so many investors have shown us their confidence in a market, which has been particularly nervous in October. It has been possible to distribute ownership to a large number of new owners, which we expect will ensure a good liquidity in our shares. The listing has resulted in increased visibility in the market, and this has given us some interesting inquiries from potential new customers. In particular, we have been pleasantly surprised by how our new shareholders have participated by making us aware of possible new customer topics. Now, we will focus on delivering the results we have described in our growth plan. We are looking forward to being a listed company, together with all our new shareholders. "

Summary of the Offering:

• Seluxit issues 2,765,957 new shares at a price of DKK 9.40 per share, giving gross proceeds to the Company of 26 million. kr.

• Shares have been allocated to 1,699 share options.

• Based on the offer price, Seluxit's market value after completion of the Offering is DKK 90 mio.

• Free float (the share of share capital owned by new shareholders) is 28.18%.

• All orders up to and including 600 pcs corresponding to 5,640 kr are assigned 100%

• Due to the very high interest in the Offering, all orders up to and including DKK 300,000 are reduced by 50% of the amount exceeding 5,640.

• All orders above DKK 300,000 have been reduced discretionary based on the Company's assessment.

• Following completion of the Offering, Seluxit's share capital has increased from DKK 680,500 and 6,805,000. shares of nominally 0.10 kr. to kr. 957,095.70 and 9,570,957 shares with a nominal value of 0.10 kr.

Additional information

Registration of the capital increase at the Danish Commerce and Industry Authority is expected to take place on November 8, 2018. First day of trading on Nasdaq First North in Copenhagen for the Company's shares is expected to be November 9, 2018, under the symbol "SLXIT" and the ISIN code DK0061076130. The admission to trading requires that Nasdaq First North Denmark formally approve the spread of Seluxit's shares. Arbejdernes Landsbank Bank is a settlement agent in connection with the offering.