Exercise of employee share options in Atea ASA ("the Company").
1. Out of a total of 1,067,996 exercisable options, employees in the Atea Group have exercised 360,335 options. Following the share option exercise the Board of Directors, pursuant to authorisation granted by the Company's Annual General Meeting, has decided to increase the Company's share capital by NOK 3,603,350 by issuing 360,335 new shares, of par value NOK 10. Following the increase the Company's share capital is NOK 1,005,340,230 divided into 100,534,023 shares. The weighted average option exercise price is NOK 27.63.
2. No options were exercised by primary insiders.
For further information, please contact:
Rune Falstad, CFO Atea ASA, mobile +47 906 14 482
Atea is the leading Nordic and Baltic supplier of IT infrastructure with approximately 6000 employees. Atea is present in 79 cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers IT products from leading vendors and assist its customers with specialist competencies within IT infrastructure services. Atea had revenue of more than NOK 20 billion in 2011 and is listed on Oslo Stock Exchange.