Grant of share options – new Senior Vice President

As announced on April 18, 2017, August Baumann has taken the position of Senior Vice President in the Atea Group as of April 19.

Through his position as a key employee and member of the Senior Management Group of Atea, the Board of Directors in Atea ASA has granted him 210,000 share options in Atea ASA. The options have a strike price of NOK 100.99 and expire 4 years from the grant date. 70,000 options vest 1 year from the grant date, 70,000 options vest 2 years from the grant date and 70,000 options vest 3 years from the grant date. Following the grant, August Baumann  holds 210,000 options and 2,200 shares in Atea ASA.

For further information, please contact:

Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655

Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188

About Atea 

Atea is the leading supplier of IT infrastructure and system integration in the Nordic and Baltic regions with 6,900 employees. Atea is present in 86 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 31 billion in 2016 and is listed on Oslo Stock Exchange. www.atea.com