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2015-10-07

Basware: Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Basware Corporation, stock exchange release, October 7, 2015 at 15:30
Flagging notification in accordance with Chapter 9 Section 10 of the Finnish
Securities Markets Act
Notice pursuant to the Finnish Securities Market Act (Section 9:5): The total
number of shares represented by Arrowgrass Capital Partners LLP and its funds
has increased over 10 % of Basware Corporation's share capital and voting
rights on October 6, 2015. This notification has been given to Basware
Corporation's information on October 7, 2015.

The holding of Arrowgrass Capital Partners LLP and its funds after the
disclosure:

------------------------------------------------------------------------------------
| Shares (trading code, ISIN code) Number of shares Percent (%) of Percent (%) |
|BAS1V |
|ISIN: FI0009008403 share capital voting rights |
| Arrowgrass Master Fund Ltd 1,555,554 10,93 % 10,93 % |
| Arrowgrass Equity Focus Fund 53,896 0,38 % 0,38 % |
| Total 1,609,450 11,31 % 11,31 % |
------------------------------------------------------------------------------------
The share capital of Basware Corporation is 14,221,229. The company has one
share series, each share entitling to one vote.

For more information, please contact:

Esa Tihilä, CEO, Basware Corporation
Tel. 040 480 7098

Distribution:

NASDAQ OMX Helsinki Ltd
Key media
www.basware.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Basware via Globenewswire

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