Exercise of employee share options in Atea ASA ("the Company")

1. Employees in the Atea Group have exercised 101,666 options. Following the share option exercise the Board of Directors, pursuant to authorisation granted by the Company's Annual General Meeting, has decided to sell 101,666 of the Company's holding of treasury shares.

2. Options exercised by primary insiders 5 February 2016:
Aleksandr Novik has exercised 10,000 options in the Company, corresponding to 10 000 shares at the strike price of NOK 22.50.
Malene Carstensen has exercised 3 333 options in the Company, corresponding to 3 333 shares at the strike price of NOK 45.75.

3. Transfer of rights
On 5 February, the primary insiders mentioned below transferred their rights to receive shares resulting from the exercise of options to a third party. The sales amount will be finally determined on the basis of the price subsequently obtained by the third party when selling the shares in the market. Still, primary insiders cannot be held liable for losses incurred by the third party if the shares are later sold below the strike price. Final compensation for the transferred rights will be reported to Oslo Stock Exchange, when known.
Malene Carstensen

4. New holding
After exercising options, Aleksandr Novik holds 26,667 options in the Company. As of today the primary insider holds 43,333 shares in the Company.
After exercising options, Malene Carstensen holds 40,668 options in the Company. As of today the primary insider holds 0 shares in the Company.

The payment was determined based on a selling price of NOK 72.5789 per share.

For further information, please contact:
Robert Giori, CFO Atea ASA, mobile +47 934 09 188
Chris Sørum, Group Finance Manager, mobile +47 900 78 818

   
About Atea
Atea is the leading supplier of IT infrastructure and system integration in the Nordic and Baltic regions with 6,800 employees. Atea is present in 90 cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers IT products from leading vendors and assists its customers with specialist competencies within IT infrastructure services. Atea had revenue of approximately NOK 28 billion in 2015 and is listed on

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