14.5.2025 16:08:29 CEST | StrongPoint | Mandatory notification of trade primary
insiders
On the basis of the approval by the General Meeting on 29 April 2025 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 280,000 options for shares in the Company have been distributed
amongst the employees. The number of options granted corresponds to 0.6% 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 all options granted is NOK 9.6939 per share. Options that are
not exercised within 5 years from the date of grant will lapse and become void.
Primary insiders in StrongPoint ASA have received the following options grants,
on the terms described above: Chief Executive Officer, Jacob Tveraabak has been
granted 50,000 share options. Following the grant, he holds 250,146 shares and
1,050,000 options in the Company. Chief Financial Officer, Marius Drefvelin has
been granted 25,000 share options. Following the grant, he holds 21,364 shares
and 300,000 options in the Company. Senior Vice President People & Organization,
Knut Olav Nyhus Olsen has been granted 20,000 share options. Following the
grant, he holds 46,995 shares and 370,000 options in the Company. Senior Vice
President Baltics, Rimantas Mazhulis has been granted 20,000 share options.
Following the grant, he holds 44,951 shares and 420,000 options in the Company.
Senior Vice President Norway & Sweden, Magnus Rosen has been granted 20,000
share options. Following the grant, he holds 27,307 shares and 295,000 options
in the Company. Senior Vice President Spain, Lorena Gómez has been granted
20,000 share options. Following the grant, she holds 35,119 shares and 320,000
options in the Company. Senior Vice President ALS UK & Ireland, Alex Eveleigh
has been granted 20,000 share options. Following the grant, he holds 0 shares
and 120,000 options in the Company. In addition to Group Management, other key
employees in five different countries have been granted in total 105,000
options.
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
* Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370,
jacob.tveraabak@strongpoint.com
* 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 approximately 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 end-to-end e-commerce solutions, including in-store order
picking, automated fulfillment (with AutoStore), click & collect
temperature-controlled grocery lockers, and in-store and drive-thru grocery
pickup solutions. The company also delivers a range of in-store technologies,
such as electronic shelf labels, AI-powered self-checkouts, and cash management
and payment solutions. StrongPoint is headquartered in Norway and is listed on
the Oslo Stock Exchange with a revenue of approximately NOK 1.3 billion [ticker:
STRO].
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18528540/6094/Download%20announce
ment%20as%20PDF.pdf
Notification of transactions pursuant to the market abuse regulation article
19.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18528540/6093/Notification%20of%2
0transactions%20pursuant%20to%20the%20market%20abuse%20regulation%20article%2019
.pdf