Zaptec admitted to trading

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Oslo, 6 October 2020 – The car charger company Zaptec has today been admitted to trading on Merkur Market (ticker code: ZAP-ME).

Zaptec delivers charging systems for electric vehicles. Recently, the company raised NOK 450 million through a private placement. The placement was significantly oversubscribed and attracted strong interest from Norwegian and international investors, reported Zaptec.

Zaptec intends to use the proceeds to invest in both organic and in-organic growth initiatives as well as further strengthening its technologic platform and general corporate purposes.

Zap

Photo: Thomas Brun / NTB

About Zaptec

Zaptec is a leading developer and seller of charging systems for electric vehicles and related technology for multi-family homes, office buildings and large parking facilities. Its chargers have integrated phase-balancing technology and utilise Automatic Power Management software, allowing charging at significantly higher speeds compared to conventional chargers without such technology. The group has 32 employees and is headquartered in Stavanger, Norway. zaptec.com

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