Regulatory Release – Inside Information White Pearl Technology Group AB: Trading Update – Own Products and IP Drive Improvement in Gross Margins and Revenue at WPTG in 2024

White Pearl Technology Group AB (publ) provides a trading update for the fourth quarter and full year ending December 31, 2024 White Pearl Technology Group AB (publ) (“WPTG” or “the Company”) (Nasdaq First North: WPTG) announces a trading update for Q4 and the full year ending December 31, 2024. The Company’s focus on its products…

WPTG subsidiary ECC signs digital transformation contract with EgyptAir

White Pearl Technology Group AB (WPTG) announces that its subsidiary ECC has signed a contract to drive EgyptAir’s digital transformation through SAP S4HANA implementation. The contract, valued at SEK 7.1 million, will be delivered over 12 months. The contract covers EgyptAir Holding and its subsidiaries to establish a standardised digital platform to enhance business operations…

WPTG completes a directed share issue of 1,494,262 new shares, raising proceeds of approximately SEK 9.0 million

The board of directors of White Pearl Technology Group AB (publ) (“WPTG” or the “Company”) has today resolved to carry out a directed share issue of 1,494,262 new shares at a subscription price of SEK 6 per share, corresponding to a premium of approximately 13.2% compared to the volume-weighted average price (VWAP) for the WPTG…

WPTG acquires Nordic technology consultancy Nuport and resolves on a directed share issue

White Pearl Technology Group AB (publ) (“WPTG”) has today entered into an agreement regarding the acquisition of, and taking possession of, all shares (the “Shares”) in Nuport Sverige AB (“Nuport”). The seller of Nuport Sverige AB will receive newly issued shares in WPTG through a directed share issue. Nuport is one of Sweden’s leading SAP…

WPTG acquires 51% stake in Indian AI pioneer OneBrain and resolves on a directed share issue

White Pearl Technology Group AB (publ) (“WPTG”) has today entered into an agreement regarding the acquisition of, and taking possession of, 51% of the shares (the “Shares”) in OneBrain (“OneBrain”). The total transaction value is USD 300,000, to be paid in three tranches, with the first tranche of SEK 1,100,000 executed today following successful due…

WPTG Pioneers Advanced Municipal Revenue Enhancement Solutions across Africa

White Pearl Technology Group AB (WPTG) provides insights into its innovative municipal digital transformation programs being implemented in Kenya and South Africa, highlighting the complex technical capabilities required for successful delivery. Technical Expertise Driving Innovation: • Data Scientists specialising in revenue pattern analysis and anomaly detection • AI/ML Engineers developing custom predictive models for municipal…

White Pearl Technology Group Reports Strong Interest Following US Investor Presentations

White Pearl Technology Group AB (Nasdaq First North: WPTG) today announces the outcomes of its participation in the Swedish Investor Day hosted by OTC Markets and Nano Cap Group in New York City. The event resulted in significant interest from institutional investors and multiple strategic partnership discussions. Key Information: • Successful participation in Swedish Investor…

Implementation of Strategic Technology Alliance Supporting Five-Year Growth Plan

White Pearl Technology Group AB (Nasdaq First North: WPTG_B) today announced a strategic technology alliance with leading technology and consulting firms to accelerate innovation and expand market reach across key regions. The alliance brings together seven partners: · Experienced Certified Consulting (ECC) – Egypt (WPTG subsidiary) · New Digital Future (NDF) – Egypt (WPTG subsidiary)…

WPTG Strengthens Strategic Position Through Swedish Business Networking Event

White Pearl Technology Group (WPTG) has significantly advanced its position within the Swedish business ecosystem following participating in Business Sweden Johannesburg’s prestigious quarterly networking event. The gathering, which showcased leading Swedish companies operating in the region, featured notable speakers including Cilliers Brink, Caucus Leader for the Democratic Alliance in the City of Tshwane, and Robin…

WPTG Board Visit to African Operations: Driving Strategic Growth Through Active Engagement

White Pearl Technology Group (WPTG) demonstrated its hands-on approach through an intensive three-day visit to the group’s African headquarters in Johannesburg, South Africa from October 27-29, 2024. The visit reinforced the board’s commitment to understanding African market dynamics and supporting regional growth initiatives. The Board, led by Chairman Sven Otto Littorin, met with representatives of…