Zaptec AS will conduct a buyback of own shares in a period lasting from 9th to 13th ofMay 2022 . The shares will be used in the Company's share program for employees in the Zaptec group, and to honour share options announced exercised byStig H. Christiansen onFebruary 1st 2022 . The total purchase amount is approximately 9 MNOK and the maximum number of shares to be purchased is 250,000. The buyback will be done on basis of authorization granted atZaptec AS's Annual General Meeting on18th June 2021 . The authorization is for buyback of up to 7,530,880 shares to be used in the share programs, at a share price of minimumNOK 1 and a maximumNOK 100 .Zaptec AS holds 20,825 treasury shares prior to the buyback. Contact:Kristian Sæther , Finance Manager & IR,Zaptec AS Tel: +47 90 70 85 12, e-mail: investor@zaptec.com About Zaptec:Zaptec AS is a technology company within Electric vehicle (EV) charging systems inEurope . The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables large number of charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.
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