Market Announcement
Malta, 12 March 2026:
River Tech p.l.c. (the “Company”, together with its subsidiaries, the “Group”), hereby announces that it has been notified of an order which has resulted in the freezing of its subsidiary’s operational bank account.
The Company has been notified by its subsidiary, River Technologies Limited (the “Subsidiary”), that French authorities have filed an order, recognised by local Maltese authorities, to freeze one of the Subsidiary’s operational bank accounts (the "Order").
The Order was issued by an investigating judge of the Tribunal judiciaire de Paris in the context of an ongoing criminal investigation being conducted by the French judicial authorities.
The Order concerns the provisional seizure of funds held by the Subsidiary in its operational bank account in Malta. The measure is described by the issuing authority as precautionary and is intended to preserve assets pending the outcome of the investigation.
The investigation relates to alleged offences under French law in connection with the operation and promotion of certain online gaming activities by third parties. The proceedings are ongoing, and the investigation remains at a preliminary phase. The Subsidiary is not charged or convicted of any offence at this stage.
The Group has appointed legal counsel in France and Malta to assess its legal position.
In the event that the Order is not lifted or varied and the relevant bank account is not released at the earliest, and provided that the Group is unable to secure alternative liquidity or financing, the Group may become unable to honour and settle its liabilities and obligations as and when they fall due, thus seriously affecting its ability to maintain operations in the foreseeable future.
The Company will keep the market updated and will provide additional updates in the event of any material developments in the situation.
For further information please contact: Email: investors@river.tech
About RIVER TECH: RIVER TECH P.L.C. is a technology company offering a B2B technology product. Focusing on assisting companies with specialist competencies, by providing secure and tailormade, yet user-friendly solutions, for the delivery of services within the online sphere. RIVER TECH P.L.C. is registered in Malta and is listed on Euronext Growth under the ticker symbol “RIVER”.
For more information about RIVER TECH P.L.C: https://www.river.tech/
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This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to the Euronext Growth Oslo Rule Book Part II and as mandated by Financial Supervisory Authority of Norway (Finanstilsynet) pursuant to MAR in Norway.
This stock exchange announcement was published by Rachel Mifsud Bonnici, Chief Legal & Compliance Officer of River Tech plc on 12 March 2026 at 19:51 hours CET.