StrongPoint

StrongPoint ASA: Employee shareholder program

4.5.2021 08:15:00 CEST | StrongPoint | Mandatory notification of trade primary insiders

StrongPoint ASA has sold 6,332 own shares. The shares were sold in conjunction with the share program for all employees. The price for the shares was NOK 31.1023 per share, which is the volume weighted average for the past three business days. New holding is 9,554 shares, 0.0 % of the outstanding shares.

The shares are transferred to each employee's securities account. The employees participating in the program gets four allocations per year. The maximum number of shares per employee was 282. There is a lock-in period of one year for the shares, and the discount is set to 20%. Below is a list of primary insiders that have participated in the program:

Julius Stulpinas, SVP Technology & Supply chain, acquired 282 shares through the program. New holding is 24,682 shares, 0.1% of the outstanding shares.

Rimantas Mazulis, SVP Baltics, acquired 282 shares through the program. New holding is 18,420 shares, 0.0% of the outstanding shares. 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Contacts

Hilde Horn Gilen

CFO StrongPoint ASA

hilde.gilen@strongpoint.com

About StrongPoint

StrongPoint is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 450 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. StrongPoint provides cash management and payment solutions, electronic shelf and self-adhesive labels, click & collect temperature-controlled grocery lockers, self-checkouts, and in-store and warehouse grocery picking solutions. StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue of 1,1bn NOK [ticker: STRO].

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