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(Oslo, 12 July 2024) StrongPoint ASA reported revenues of NOK 297 million in the second quarter of 2024, NOK 40 million lower than same quarter in 2023 (337). The EBITDA decreased by NOK 11.2 million to NOK –9.1 million (2.1) including non-recurring restructuring personnel costs of NOK 10 million.
StrongPoint ASA will publish its financial results for the second quarter and first half 2024 on Friday 12 July 2024 at 07:00 am CET, with the presentation broadcasted on webcast. There will be a LIVE Audiocast at 11:00 am CET. The link to the webcasts can be found on StrongPoint's website www.strongpoint.com.
(Oslo, 25 June 2024) A top tier leading US-based grocery retailer has ordered additional grocery lockers from StrongPoint as it moves from pilot phase to ‘proof of economy’ where they will evaluate the economic benefits at larger scale.
(Oslo, 30 May 2024) StrongPoint has signed an agreement with the Cyprus-based grocery retailer Alphamega to install Electronic Shelf Labels in all its stores. The value of the contract is approximately 37 MNOK and the rollout is expected to be spread out over the next 2 years.
On the basis of the approval by the General Meeting on 25 April 2024 to authorize the Board of Directors of StrongPoint ASA (the 'Company', OSE ticker "STRO") to issue shares to employees under a long-term incentive program, the Board of Directors has resolved to issue share options to the CEO, the Group Management and other key employees in the Company. A total of 1,250,000 options for shares in the Company have been distributed amongst the employees. The number of options granted corresponds to 2.8% of the outstanding number of shares in the Company. Each option gives the right to acquire one share in the Company. The options are granted without consideration. Pursuant to the vesting schedule, 25% of the options will vest one year after the day of grant, 25% of the options will vest two years after the day of grant and the remaining 50% will vest three years after the day of grant (vesting is dependent on the option holder still being employed in the Company). The exercise price for
The Executive Management team has today acquired shares from StrongPoint ASA in relation to the incentive program, where the employee receives a 20% discount on the share price as part of a three-year lock-in period. The shares are allocated from StrongPoint ASA’s own holdings. The price for the shares is NOK 11.84, which is the volume weighted average for the past three working days. Jacob Tveraabak, CEO StrongPoint ASA, today acquired 19,303 shares. New holding is 250,146 shares, 0.6% of the outstanding shares. Marius Drefvelin, CFO StrongPoint ASA, today acquired 4,364 shares. New holding is 21,364 shares, 0.0% of the outstanding shares. Knut Olav Nyhus Olsen, SVP People & Organization, Marketing and Communication, today acquired 9,077 shares. New holding is 46,995 shares, 0.1% of the outstanding shares. Julius Stulpinas, SVP Product, today acquired 10,956 shares. New holding is 49,321 shares, 0.1% of the outstanding shares Rimantas Mažulis, SVP Baltics, today acquired 14,428 shares
StrongPoint ASA has today sold 10,786 own shares. The shares were sold in conjunction with the share program for all employees. The price for the shares was NOK 11.84 per share, which is the volume weighted average for the past three business days. New holding is 323,492 shares, 0.7% of the outstanding shares. The shares are transferred to each employee's securities account. The employees participating in the program get four allocations per year. The maximum number of shares per employee was 740. There is a lock-in period of one year for the shares, and the discount is set to 20%. This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.
The Annual General Meeting in StrongPoint ASA was held today April 25, 2024 at CET 10.00. All matters were approved as set out in the Notice of Annual General Meeting. For additional information see attached protocol from the Annual General Meeting.
(Oslo, 25 April 2024) StrongPoint ASA reported revenues of NOK 359 million in the first quarter of 2024, NOK 22 million lower than same quarter in 2023 (381). The EBITDA decreased by NOK 19.7 million to NOK –6.2 million (13.5).
(Oslo, April 24, 2024) StrongPoint, a leading provider of retail technology solutions, is pleased to announce that Neil McCourt has joined the company as a strategic advisor.
(Oslo, April 24 2024), StrongPoint, a leading retail technology provider, today introduces a new solution, ‘CashGuard Connect’, the world’s first fully automated end-to-end cash management solution eliminating the need for store staff to handle cash.
StrongPoint ASA invites investors, analysts, and journalists to attend the live, in-person presentation of its Strategy Update Session, first quarter 2024 financial results and Annual General Meeting on April 25, 2024. The speakers at the Strategy Update Session will be CEO Jacob Tveraabak, CFO Marius Drefvelin, and other members of the executive management team. The presentation for the first quarter of 2024 will commence at 09:00 CET, the Annual General Meeting at 10:00 CET, and the Strategy Update Session at 11:00 CET. You are welcome to attend the events in-person. The Strategy Update Session and the presentation of the first quarter of 2024 will be streamed online as well. The link to register to attend in-person and the webcasts can be found on our website https://www.strongpoint.com/investor/ StrongPoint ASA will publish its financial results for the first quarter 2024 on April 25, 2024 around 07:00 CET.
StrongPoint ASAs Board of Directors hereby call for the 2024 Annual General Meeting. The meeting will be held Thursday 25 April at 10.00 CET at ABG Sundal Colliers ASA’s offices, Ruseløkkveien 26, Oslo. The Notice of the Annual General Meeting is enclosed and can be found on the company's website, together with relevant documents.
(April 2, 2024) StrongPoint, a leading retail technology provider, is pleased to announce that the UK grocery retailer, East of England Co-op, has chosen to implement Pricer’s cloud-based platform, Pricer Plaza, and digital labels in all its 120+ food stores.
StrongPoint ASA has today published its Annual and Sustainability Report for 2023. The report is attached and also available at https://www.strongpoint.com/
The Board of Directors of StrongPoint ASA has today approved the financial statements for 2023. The approved financial statements are in accordance with previously presented preliminary results.
[Oslo, Feb 29, 2024] — StrongPoint, a leading provider of retail technology solutions, is pleased to announce the extension of its partnership agreement with Cennox, a trusted provider of managed services and retail technology solutions.
Knut Olav Nyhus Olsen, SVP People & Organization, Marketing and Communication, has acquired 6,691 shares for an average price of NOK 13.45. New holding is 37,918 shares, 0.1% of the outstanding shares. As a member of the executive management, the individual is entitled to 20% discount with a 3-year lock-in period when purchasing shares in the company. The shares were purchased through Oslo Stock Exchange. Please see the attached form for notification and public disclosure of transactions. This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.
Marius Drefvelin, CFO StrongPoint ASA, has today acquired 17,000 shares for an average price of NOK 13.70. New holding is 17,000 shares, 0.0% of the outstanding shares. As a member of the executive management, the individual is entitled to 20% discount with a 3-year lock-in period when purchasing shares in the company. The shares were purchased through Oslo Stock Exchange. Please see the attached form(s) for notification and public disclosure of transactions. This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.
(Oslo, 12 February 2024) StrongPoint ASA reported revenues of NOK 331 million in the fourth quarter of 2023, NOK 74 million lower than same quarter in 2022 (405). The EBITDA was NOK - 20.6 million (33.6).