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StrongPoint

StrongPoint

StrongPoint ASA: Initiates share buyback program

08:51 / 18 August 2022 StrongPoint Press release

18.8.2022 08:51:28 CEST | StrongPoint | Acquisition or disposal of the issuer's
own shares

StrongPoint ASA ("Company") (Ticker: STRO) has decided to initiate a share
buyback program. The program will be limited in size up to NOK 10 million. The
buyback program will be conducted in accordance with the authorization provided
by the Annual General Meeting to the Board of Directors on 28 April 2022.

The shares in the program will be purchased through ordinary market trades on
the Oslo Stock Exchange. The program will be initiated on 18 August 2022 and
terminated on 31 December 2022 at the latest.

The shares purchased under this program will be used in connection with the
Company's share program for employees, the Board of Directors and the incentive
programs for executive management and key employees.

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

CONTACTS

* Hilde Horn Gilen, CFO StrongPoint ASA, +47 920 60 158,
hilde.gilen@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 500 employees in Norway, Sweden, the Baltics, Spain, the UK and
Ireland and together with a wide partner network, StrongPoint supports
businesses in more than 20 countries. StrongPoint provides in-store cash
management and payment solutions, electronic shelf labels, self-checkouts, task
and labor management software, click & collect temperature-controlled grocery
lockers, in-store and drive-thru grocery pickup solutions and grocery order
picking solutions. StrongPoint is headquartered in Norway and is listed on the
Oslo Stock Exchange with a revenue of 1bn NOK [ticker: STRO].

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/1663/2245/Download%20announcement
%20as%20PDF.pdf
Oslo Børs

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