Exercise of employee share options in Atea ASA ("the Company")
1. Out of a total of 379,995 exercisable options, employees in the Atea Group have exercised 36,999 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 369,990 by issuing 36,999 new shares, of par value NOK 10. Following the increase the Company's share capital is NOK 1,021,380,160 divided into 102,138,016 shares. The weighted average option exercise price is NOK 43.11.
2. No options have been exercised by primary insiders 7 May 2013.
The payment has been determined based on a selling price of NOK 58.4189 per share.
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 6,500 employees. Atea is present in 82 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 21 billion in 2012 and is listed on Oslo Stock Exchange.