Webstep ASA: Mandatory notification of trade by primary insiders and closely related persons

Oslo, 2 March 2022: Reference is made to the stock exchange announcement published by Webstep ASA (the "Company") on 23 February 2022, regarding a share lending agreement from Embro Eiendom AS, a closely related party to the Company's board members Trond K. Johannesen and Trygve C. Moe, 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. 

Reference is made to the attached notifications of trading for further details of the transactions carried out.

Contact details for further information:

Truls Oftedal Ellingsen, Interim CFO

Cell: +47 928 03 031

Email : ir@webstep.com

Website: www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public sector, with the IT expertise necessary to deliver the most demanding digitalisation and IT services. The Webstep Group employs approximately 470 employees in Norway and Sweden. The company offers its services to more than 250 customers annually and has been recognised for its work environment.