SmartCraft CFO's company divests holdings in long-term investment program

KBI AS, fully owned by SmartCraft ASA's outgoing CFO Kjartan Bø, divested its holdings in SmartCraft's long-term investment program (LTIP) on November 4, 2024. This follows Bø's announcement on November 3, 2025, that he will step down as CFO on January 31, 2026. Prior to these transactions, KBI AS held 1,150,000 shares in the LTIP, and now holds no shares in the program.

The divestment involved two transactions. The first disposal included 750,000 shares in SMCRT MGMT 1 AS at a price of NOK 3.3703 per share. The second disposal involved 400,000 shares in SMCRT MGMT 2 AS at a price of NOK 0.8510 per share. Both transactions were executed outside a trading venue.

Following these disposals, KBI AS retains ownership of 250,000 shares directly in SmartCraft ASA. SmartCraft, a Nordic provider of SaaS solutions for the construction sector, has over 14,100 customers and 270 employees.