StrongPoint Follow

5.5.2021 18:54:17 CEST | StrongPoint | Mandatory notification of trade primary
insiders

Oslo, 5 May 2021: On the basis of the approval by the General Meeting on 28
April 2021 to authorize the Board of Directors of Strongpoint ASA (the
'Company', OSE ticker "STRO") to issue shares to employees under a long-term
incentive program, the Board of Directors has resolved to issue share options to
the CEO, the Group Management and other key employees in the Company.

A total of 1,075,000 options for shares in the Company have been distributed
amongst the employees. The number of options granted corresponds to 2.42% of the
outstanding number of shares in the Company. Each option gives the right to
acquire one share in the Company. The options are granted without consideration.
Pursuant to the vesting schedule, 25% of the options will vest one year after
the day of grant, 25% of the options will vest two years after the day of grant
and the remaining 50% will vest three years after the day of grant (vesting is
dependent on the option holder still being employed in the Company). The
exercise price for all options granted is NOK 31.13 per share. Options that are
not exercised within 5 years from the date of grant will lapse and become void. 

Primary insiders in Strongpoint ASA have received the following options grants,
on the terms described above: Chief Executive Officer, Jacob Tveraabak has been
granted 150,000 share options. Following the grant, he holds 206,000 shares
through his family holding company JuCE Holding AS and 450,000 options in the
Company. Chief Financial Officer, Hilde Horn Gilen has been granted 75,000 share
options. Following the grant, she holds 49,573 shares and 225,000 options in the
Company. Senior Vice President People & Organization, Knut Olav Nyhus Olsen has
been granted 50,000 share options. Following the grant, he holds 3,839 shares
and 150,000 options in the Company. Senior Vice President Norway, Gisle
Elvebakken has been granted 50,000 share options. Following the grant, he holds
22,882 shares and 150,000 options in the Company. Senior Vice President
E-commerce, Göran Thörn has been granted 50,000 share options. Following the
grant, he holds 13,083 shares and 150,000 options in the Company. Senior Vice
President Baltics, Rimantas Mazulis has been granted 50,000 share options.
Following the grant, he holds 18,420 shares and 150,000 options in the Company.
Senior Vice President international expansion ecommerce, Amanda Cremon has been
granted 50,000 share options. Following the grant, she holds 8,353 shares and
150,000 options in the Company. Senior Vice President Technology, Julius
Stulpinas has been granted 50,000 share options. Following the grant, he holds
24,682 shares and 150,000 options in the Company. Senior Vice President Labels,
Leif Persson has been granted 50,000 share options. Following the grant, he
holds 37,924 shares and 150,000 options in the Company. Senior Vice President
Spain, Lorena Gomez has been granted 50,000 share options. Following the grant,
she holds 0 shares and 50,000 options in the Company. In addition to Group
Management, another 9 key employees in three different countries have been
granted 50,000 options each, which constitutes a total of 450,000 options. 

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

CONTACTS

 * Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,
   hilde.gilen@strongpoint.com 
 * Jacob Tveraabak, CEO StrongPoint ASA, +47 908 21 370,
   jacob.tveraabak@strongpoint.com 

ABOUT STRONGPOINT

StrongPoint is a retail technology company that provides solutions to make shops
smarter, shopping experiences better and online grocery shopping more efficient.
With over 450 employees in Norway, Sweden, the Baltics and Spain and together
with a wide partner network, StrongPoint supports businesses in more than 20
countries. StrongPoint provides cash management and payment solutions,
electronic shelf and adhesive labels, click & collect temperature-controlled
grocery lockers, self-checkouts, and in-store and warehouse grocery picking
solutions. StrongPoint is headquartered in Norway and is listed on the Oslo
Stock Exchange with a revenue of 1,1bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/533/684/Download%20announcement%2
0as%20PDF.pdf

Notification of transactions pursuant to the market abuse regulation article
19.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/533/683/Notification%20of%20trans
actions%20pursuant%20to%20the%20market%20abuse%20regulation%20article%2019.pdf

This information was distributed by Oslo Børs https://www.oslobors.no/