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

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1. Out of a total of 370,999 exercisable options, employees in the Atea Group have exercised 243,666 options. Following the share option exercise the Board of Directors, pursuant to authorisation granted by the Company's Annual General Meeting, has decided to increase the Company's share capital by NOK 2,436,660 by issuing 243,666 new shares, of par value NOK 10. Following the increase the Company's share capital is NOK 1,034,246,860 divided into 103,424,686 shares. The weighted average option exercise price is NOK 41.69.

2. Options exercised by primary insiders 6 February 2014:
Anders Brix has exercised a total of 3,333 options in the Company, corresponding to 3,333 shares at the strike price of NOK 40.64.

3. Transfer of rights
On 6 February 2014 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.
Anders Brix

4. New holding
After exercising options, Anders Brix holds 56,667 options in the Company. As of today the primary insider holds 1,000 shares in the Company.

For further information, please contact:
Rune Falstad, CFO Atea ASA, mobile +47 906 14 482

   
About Atea
Atea is the leading Nordic and Baltic supplier of IT infrastructure with approximately  6,500 employees. Atea is present in 84 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 22 billion in 2013 and is listed on Oslo Stock Exchange.
www.atea.com

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Atea ASA

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