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Techstep ASA - notifiable transactions in connection with Employee Share Purchase Program

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Reference is made to today's announcement from Techstep ASA (the "Company") regarding a share capital increase resolved by the Board of Directors in connection with the Company's employee share purchase program (the "ESPP").

Under the ESPP, board members and employees were offered to subscribe for shares with a 20% discount of the market price at the last date of the subscription period. The application period lasted from 18 May 2022 to 27 May 2022, and the subscription price was NOK 2.344 per share.

The following primary insiders have applied for and been allocated new shares in the ESPP:

  • Børge Astrup (CEO): 85,324 shares
  • Anita Huun (CFO): 85,324 shares
  • Bartosz Leoszewski (Chief Technology Officer): 21,331 shares
  • Sheena Lim (Chief Marketing Officer): 21,331 shares
  • Erik Haugen (Chief Transformation Officer): 8,532 shares
  • Ellen Skaarnæs (Chief People Officer): 12,798 shares

Please see the attached forms for further information.

For further information, please contact:

Anita Huun, CFO of Techstep: +47 924 11 563

About Techstep ASA

Techstep is a complete mobile technology enabler, making positive changes to the world of work; freeing people to work more effectively, securely, and sustainably. We help customers who want to work smarter, while also delivering on their ESG commitments. With more than 350 employees based in Norway, Sweden, Denmark, and Poland, we serve more than 2,000 enterprise customers in Europe. Techstep had NOK 1.3 billion in full year 2021 revenues, and is listed on the Oslo Stock Exchange under the ticker TECH. To learn more, please visit www.techstep.io. 

This information is subject to the disclosure requirements pursuant to the EU Market Abuse Regulation Article 19 and section 5-12 of the Norwegian Securities Trading Act.

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