Mandatory notification of Trade Primary Insiders. Company announcement No. 103

On October 11, 2022, Sewell AS, a company closely associated to PDMR Halvor Sewell Aspaas, purchased 11,741 shares in ECIT AS, of which 43 shares at price NOK 6.26 per share and 11,698 shares at price NOK 6.56 per share. After the transaction Halvor Sewell Aspaas` total number of shares, including the shares owned by persons closely associated to him, is 3,812,487.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

About ECIT

ECIT was founded in 2013 and support a large customer base with accounting, payroll, and a broad range of IT services. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. ECIT has a proforma revenue (2021) of 2.6 billion NOK and +2,200 employees across 10 countries. M&A has been a key driver of the Company's growth and ECIT has completed more than 130 acquisitions since 2013. 

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