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

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

  • CEO Jens Haviken has applied for and been allocated 23,364 new shares in the ESPP, at a price per share of NOK 4.28. Following this, Jens Haviken holds 123,364 shares in the Company.
  • CFO Marius Drefvelin has applied for and been allocated 23,364 new shares in the ESPP, at a price per share of NOK 4.28. Following this, Marius Drefvelin holds 63,364 shares in the Company.
  • Duo Jag AS, a close associate of board member Ingrid Leisner has applied for and been allocated 46,728 new shares in the ESPP, at a price per share of NOK 4.28. Following this, Duo Jag AS holds 601,562 shares in the Company.

Please see the attached forms for further information.

For further information, please contact:

Jens Haviken, CEO of Techstep: +47 930 90 070

Marius Drefvelin, CFO of Techstep: +47 958 95 690

This information is such that Techstep ASA is required to disclose in accordance with the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act § 5-12. This stock exchange release was published by Marius Drefvelin, CFO, on 25 March 2021 at 1030.

About Techstep ASA

Techstep is purpose-built to become a leading Managed Mobility Services provider in the Nordics. Techstep combines device management, software, hardware and connectivity into a managed service. This enables enterprises and their employees to do their work across mobile devices and locations, with a high degree of security and operational stability. Techstep has 290 employees based in Norway, Sweden and Denmark, serving 550+ enterprise customers across various industries in the private and public sectors. The company is listed on the Oslo Stock Exchange. For more information, see www.techstepasa.no.

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