LINK Mobility: Closing of SMSPortal acquisition completed
LINK Mobility Group Holding ASA (LINK) today announces the closing of the acquisition of SMSPortal, a market-leading provider of A2P (Application-to-Person) messaging services in South Africa, with substantial international business.
Reference is made to stock exchange release on 24 June 2025 regarding the agreement to acquire 100% of the shares in the privately owned SMSPortal. LINK has today completed the acquisition of SMSPortal.
The purchase price has been settled by an upfront cash payment of USD 100 million financed with cash on hand and by LINK today having issued 5,854,230 new shares to the sellers.
LINK will register the new share capital increase with the Norwegian Register of Business Enterprises and issue a separate announcement when the registration of the share capital increase has been completed.
Following registration of the share capital increase with the Norwegian Register of Business Enterprises, the Company will have a share capital of NOK 1,529,504.84 divided into 305,900,968 shares, each with a nominal value of NOK 0.005.
For further information, please contact: Morten Løken Edvardsen, CFO & VP Investor Relations
+47 90 56 15 89
About LINK Mobility
LINK is an award-winning, leading global provider of mobile messaging and communications platform as a service (CPaaS) solutions for increased engagement. The company serves enterprise, SME and government customers. LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, governments and citizens, platforms and users. LINK has 60,000 active customer accounts globally and exchanges 23 billion messages a year. LINK is listed on the Oslo stock Exchange under the ticker LINK. For more information about LINK, please see www.linkmobility.com and follow LINK Mobility on LinkedIn.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.