Reference is made to prior stock exchange notices regarding the Employee Share
Savings Program.
Under the terms of the Program, participating employees may allocate a fixed
amount of their monthly after-tax salary to purchase shares in Atea ASA (up to a
maximum per month of NOK 1,000 in Norway, SEK 1,000 in Sweden, DKK 700 in
Denmark and EUR 100 per month in Finland and the Baltic countries). Shares are
purchased by employees from Atea ASA's treasury share holdings at market price.
The price of the shares purchased is determined based on the volume-weighted
average price of the ATEA share on the day preceding the share transfer.
As an additional incentive, participating employees will receive one "bonus"
share for each two ordinary shares purchased under the Program after a vesting
period in which the specified ordinary shares must be held. The vesting period
is three years for executive management and two years for all other employees.
The participant must also remain employed by Atea during the vesting period in
order to receive the bonus share. The "bonus" share is treated as a restricted
stock unit (RSU) under IFRS 2 Share-Based Payment.
On 11 August 2026, Atea ASA transferred 76,704 treasury shares to employees
based on the following transactions in the Employee Share Savings program. After
the transactions, Atea ASA owns 824,095 of its own shares.
1. Employee share purchase
On 10 August 2026, 3,216 employees in the Atea group purchased a total of 52,129
shares in Atea ASA. Shares were purchased from Atea's treasury share holdings
at a share price of NOK 173.87 per share, corresponding to the volume-weighted
average share price on 10 August 2026. The cost of the shares will be deducted
from the employees' after-tax salary in August, September and October.
2. Award of bonus shares
On 8 August 2026, employees received the right to bonus shares after having held
shares purchased through the program for the required vesting period. In total,
24,575 shares have been transferred from Atea's treasury holdings to employee
accounts.
3. Primary insider transactions
The following primary insiders acquired ATEA shares under the Atea Share Savings
Program, and are subject to public disclosure requirements as a result of share
transaction volumes during calendar year 2026.
Arunas Bartusevicius (Managing Director, Atea Baltics) purchased 19 shares under
the Program. In addition, he received 19 bonus shares after having held shares
purchased through the program for the required vesting period. After the
transactions, the primary insider holds 176,429 shares, 280,000 options and 141
RSUs in the Company.
Robert Giori (Group CFO) purchased 17 shares under the Program. In addition, he
received 17 bonus shares after having held shares purchased through the program
for the required vesting period. After the transactions, the primary insider
holds 127,090 shares, 500,000 options and 121 RSUs in the Company. The
shareholding includes shares held by close associates and through his holding
company Four Leaf Clover AS.
Carl-Johan Hultenheim (Group COO) purchased 18 shares under the Program. In
addition, he received 16 bonus shares after having held shares purchased through
the program for the required vesting period. After the transactions, the primary
insider holds 14,310 shares, 600,000 options and 127 RSUs in the Company.
Nicolai Moresco (Managing Director, Atea Denmark) purchased 18 shares under the
Program. After the transaction, the primary insider holds 4,036 shares, 100,000
options and 18 RSUs in the Company.
Ole Petter Saxrud (Managing Director, Atea Norway) purchased 17 shares under the
Program. In addition, he received 17 bonus shares after having held shares
purchased through the program for the required vesting period. After the
transactions, the primary insider holds 1,803 shares, 400,000 options and 121
RSUs in the Company.
Juha Sihvonen (Managing Director, Atea Finland) purchased 19 shares under the
Program. In addition, he received 19 bonus shares after having held shares
purchased through the program for the required vesting period. After the
transactions, the primary insider holds 351 shares, 400,000 options and 141 RSUs
in the Company.
Steinar Sønsteby (Group CEO) purchased 17 shares under the Program. In addition,
he received 17 bonus shares after having held shares purchased through the
program for the required vesting period. After the transactions, the primary
insider holds 125,303 shares, 900,000 options and 121 RSUs in the Company. The
shareholding includes shares held through his holding company SS Holding AS.
Linus Wallin (Managing Director, Atea Sweden) purchased 18 shares under the
program. In addition, he received 16 bonus shares after having held shares
purchased through the program for the required vesting period. After the
transactions, the primary insider holds 310 shares, 400,000 options and 127 RSUs
in the Company.
For further information, please contact:
Robert Giori, CFO Atea ASA, mobile +47 934 09 188
Ole Johan Fjellestad, Group Chief Accountant, mobile +47 992 74 829
urther information\, please contact:\
Robert Giori\, CFO Atea ASA\, mobile +47 934 09 188\
Ole Johan Fjellestad\, Group Chief Accountant\, mobile +47 992 74 829\