StrongPoint ASA: Employee shareholder program
StrongPoint ASA has today sold 11,993 own shares. The shares were sold in conjunction with the share program for all employees. The price for the shares was NOK 10.07 per share, which is the volume weighted average for the past three business days. New holding is 213,950 shares, 0.5% 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 869. 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.
Contacts
- Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690, marius.drefvelin@strongpoint.com
About StrongPoint
StrongPoint is a grocery retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics, Finland, Spain, the UK and Ireland and together with a wide partner network, StrongPoint supports grocery and retail businesses in more than 20 countries. StrongPoint provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions, both manual and automated. StrongPoint is headquartered in Norway and is listed on the Oslo Stock Exchange with a revenue of approx 1.4bn NOK [ticker: STRO].