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Webstep ASA: Third quarter results 2024

Oslo, 13 November 2024: Webstep ASA today reports revenues of NOK 189.4 million (184.9) for the third quarter of 2024, a growth of 2.4 per cent compared to the same period last year. EBIT was NOK 10.9 million (5.0), an increase of 118.0 per cent, corresponding to an EBIT margin of 5.7 per cent (2.7).“The overall momentum in Webstep is good, and we can see early positive effects of the changes we are making throughout our organisation. In the third quarter, we are happy with the continued growth in revenues and improved profitability. This is a good achievement in a market with prolonged

Webstep ASA: Exercise window for share options

Oslo, 8 November 2024: With reference to the stock exchange announcement by Webstep ASA (the “Company”) of 18 November 2019, in which it was announced that Webstep ASA granted employee share options as part of the Company’s long-term incentive programme (“LTIP”).The Company will conduct a window on 14 November - 15 November 2024, in which the option holders may exercise share options. The total amount of vested options is 310,361 options, of which 122,461 options are in the money as of 8 November 2024 and exercisable for the option holders.

Webstep ASA: New CFO appointed in Webstep

Oslo, 31 October 2024: Webstep has appointed Henning Hesjedal as new Chief Financial Officer (CFO). He joins Webstep from Avanade Norway, where he over the last 16 years has held Nordic and Norwegian leadership roles, including Nordic Finance Director, Nordic COO and Norway country manager.“We are excited to announce the appointment of Henning Hesjedal as CFO. His broad experience from the consulting industry, and proven track record in financial management, makes him well-equipped to contribute to strengthening Webstep’s growth and profitability,” says CEO of Webstep, Anne Kristine Lund.

Webstep ASA: Result of offer to buy back own shares

Oslo, 3 October 2024: Reference is made to the stock exchange announcement by Webstep ASA (the "Company") on 26 September 2024 regarding the offer to buy back own shares (the "Offer").The bookbuilding period for the Offer closed today, 3 October 2024, at 16:30 hours (CEST). Following the expiry of the bookbuilding period, the Company has resolved to buy 1,086,956 shares at a price of NOK 23.0 per share, which gives an aggregate purchase price of NOK 24,999,988. Notifications of allocation will be sent to shareholders having been allocated sale shares in the Offer 4 October 2024. The

Webstep ASA: Offer to buy back own shares

Oslo, 26 September 2024: Based on the authorisation granted to the board of directors by the annual general meeting of Webstep ASA (the "Company") held on 16 May 2024, the Company hereby launches an offer to buy back existing shares in the Company for an amount up to NOK 25 million (the "Offer"). The purpose of the Offer is to meet obligations arising from the Company's option programs as communicated in the Company's second quarter reporting for 2024. The Company has mandated SpareBank 1 Markets AS (the "Manager") to assist with the Offer.The Offer will be conducted as a reverse

Webstep ASA: Mandatory notification of trade

Oslo, 12 September 2024: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") on 29 August 2024, regarding a share lending agreement from Embro Eiendom AS, a closely related party to the Company's Chair of the Board, Kjell Magne Leirgulen, to DNB Markets, a part of DNB Bank ASA.The share lending agreement was entered into in order to facilitate the sale of a portion of new shares issued by the Company to option holders following the exercise of options under the Company's long-term incentive program. The shares lent out have today been returned.

Webstep ASA: Registration of new share capital in connection with long-term incentive program

Oslo, 11 September 2024: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") on 29 August 2024, regarding the result of an exercise window for vested options under the Company's long-term incentive program and the board of directors' resolution to increase the share capital of the Company.The share capital increase pertaining to the new shares issued has now been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).  The new share capital of the Company is NOK 28,187,668 divided into 28,187,668 shares, each with

Webstep ASA: Mandatory notification of trade

Oslo, 29 August 2024: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") earlier today, on 29 August 2024, regarding the resolution by the Company's board of directors to increase the Company's share capital with NOK 218,690 by the issuance of 218,690 new shares, each with a par value of NOK 1.00, in order to facilitate the delivery of new shares to the option holders having exercised 218,690 options under the Company's long-term incentive program.The following primary insiders of the company have today, on 29 August 2024, excercised options and

Webstep ASA: Resolution to increase the share capital following exercise of options

Oslo, 29 August 2024: Webstep ASA (the "Company") has completed an exercise window for vested options under its long-term incentive program, where in total 218,690 options have been exercised.In connection therewith, the board of directors of the Company has in a board meeting held today, on 29 August 2024, resolved to increase the Company's share capital with NOK 218,690 by the issuance of 218,690 new shares, each with a par value of NOK 1.00, in order to facilitate the delivery of new shares to the options holders having exercised options. The board of directors' resolution to increase

Webstep ASA: Second quarter results 2024

Oslo, 27 August 2024: Webstep ASA today reports revenues of NOK 258.3 million (249.5) for the second quarter of 2024, a growth of 3.5 percent. EBIT was NOK 18.9 million (17.6), an increase of 7.4 percent, corresponding to an EBIT margin of 7.3 percent (7.1)In May, Webstep entered into an agreement to sell its Swedish operations, and the transaction was closed in July. The continuing Norwegian operation increased its revenue by 8.0 percent to NOK 229.5 million (212.5)  in the second quarter. The EBIT margin for the Norwegian business was 8.3 percent, up from 7.8 percent in the corresponding

Webstep ASA: Exercise window for share options

Oslo, 22 August 2024: With reference to the stock exchange announcement by Webstep ASA (the “Company”) of 18 November 2019, in which it was announced that Webstep ASA granted employee share options as part of the Company’s long-term incentive programme (“LTIP”).The Company will conduct a window on 28 August - 29 August 2024, in which the option holders may exercise share options. The total amount of vested options is 529,621 options, of which 341,151 options are in the money as of 21 August 2024 and exercisable for the option holders.

Webstep ASA: Eva Johannesdottir new general manager of Webstep Stavanger

Oslo, 14 August 2024: Webstep has appointed Eva Johannesdottir as new General Manager of the Stavanger office.Johannesdottir comes from the position as a Business Unit Manager at Bouvet, and will take on the position from 1. September 2024. "I'm really looking forward to welcoming Eva Johannesdottir to Webstep. She is a recognized culture builder with an impressive growth and performance oriented track record, which is a perfect fit for Webstep going forward,” said Kristine Lund, CEO of Webstep. Eva Johannesdottir has more than 15 years of experience from IT-consultancy and management,

Webstep ASA: Nina Stemshaug appointed interim CFO

Oslo, 3 July 2024: Webstep has appointed Nina Stemshaug as new interim Chief Financial Officer (CFO), succeeding Ida Amalie Oma, who has decided to step down, as announced 10 June 2024.“Nina’s long experience from CFO roles in people-driven technology companies both in the public and private space is an excellent fit for Webstep. With her energised and action-oriented mindset, I am looking forward to welcoming her to Webstep and our executive management team,” says CEO of Webstep Anne Kristine Lund. Nina Stemshaug joins Webstep from NetNordic Group, where she has been Director of Finance

Webstep ASA: Mandatory notification of trade

Oslo, 1 July 2024: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") on 20 June 2024, regarding a share lending agreement from Embro Eiendom AS, a closely related party to the Company's Chair of the Board, Kjell Magne Leirgulen, to DNB Markets, a part of DNB Bank ASA.The share lending agreement was entered into in order to facilitate the sale of a portion of new shares issued by the Company to option holders following the exercise of options under the Company's long-term incentive program. The shares lent out have today been returned.

Webstep ASA: Registration of new share capital in connection with long-term incentive program

Oslo, 28 June 2024: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") on 20 June 2024, regarding the result of an exercise window for vested options under the Company's long-term incentive program and the board of directors' resolution to increase the share capital of the Company.The share capital increase pertaining to the new shares issued has now been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).  The new share capital of the Company is NOK 27,968,978 divided into 27,968,978 shares, each with a

Webstep ASA: Mandatory notification of trade

Oslo, 20 June 2024: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") earlier today, on 20 June 2024, regarding the resolution by the Company's board of directors to increase the Company's share capital with NOK 150,135 by the issuance of 150,135 new shares, each with a par value of NOK 1.00, in order to facilitate the delivery of new shares to the option holders having exercised 150,135 options under the Company's long-term incentive program.Embro Eiendom AS, a closely related party to the Chair of the Board at Webstep, Kjell Magne Leirgulen, has

Webstep ASA: Resolution to increase the share capital following exercise of options

Oslo, 20 June 2024: Webstep ASA (the "Company") has completed an exercise window for vested options under its long-term incentive program, where in total 150,135 options have been exercised.In connection therewith, the board of directors of the Company has in a board meeting held today, on 20 June 2024, resolved to increase the Company's share capital with NOK 150,135 by the issuance of 150,135 new shares, each with a par value of NOK 1.00, in order to facilitate the delivery of new shares to the options holders having exercised options. The board of directors' resolution to increase the

Webstep ASA: Exercise window for share options

Oslo, 12 June 2024: With reference to the stock exchange announcement by Webstep ASA (the “Company”) of 18 November 2019, in which it was announced that Webstep ASA granted employee share options as part of the Company’s long-term incentive programme (“LTIP”).The Company will conduct a window on 20 June 2024 in which the option holders may exercise share options. The total amount of vested options is 729,786 options, of which 491,286 options are in the money as of 12 June 2024 and exercisable for the option holders.

Webstep ASA: CFO transition in Webstep

Oslo, 10 June 2024: Ida Amalie Oma has decided to step down as Chief Financial Officer (CFO) of Webstep to pursue opportunities outside of the company.“I would like to thank Ida Amalie for her effort and positive contribution to Webstep in her role as CFO and previously as Group Business Controller. I wish her all the best of luck in her future endeavors,” said Anne Kristine Lund, CEO of Webstep.Webstep has initiated a search for Oma’s successor in the CFO position, and Oma will remain in her current role until 31.08.2024.

Webstep ASA: Grant of share options to primary insider

Oslo, 6 June 2024: Today, primary insider Kristine Lund, CEO in Webstep ASA (the “Company”), was granted 200,000 share options in the Company, in accordance with the Company’s guidelines for executive remuneration.The strike price of the allocated share options is NOK 23.48 per share option, equal to the volume weighted average share price for trades in the Company’s shares on the Oslo Stock Exchange the last six trading days prior to the grant. The share options will have a vesting period of three years from the grant date, and will be exercisable for three years following the vesting

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