1. Employee share savings program
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). 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 February 2025, 3,211 employees in the Atea group purchased a total of
62,235 shares in Atea ASA at a share price of NOK 148.04 per share,
corresponding to the volume-weighted average share price on 10 February 2025.
Furthermore, non-executive employees participating in the Program received the
right to bonus shares after having held shares for the required vesting period.
As a result, 25,371 shares have been transferred from Atea's treasury holdings
to employee accounts.
2. Share purchase by primary insiders
The following primary insiders acquired ATEA shares under the Atea Share Savings
Program and are subject to public disclosure requirements.
Arunas Bartusevicius (Managing Director, Atea Baltics) purchased 23 shares under
the Program. After the transaction, the primary insider holds 176,371 shares,
210,000 options and 141 RSUs in the Company.
Robert Giori (Group CFO) purchased 20 shares under the Program. After the
transaction, the primary insider holds 127,037 shares, 375,000 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 22 shares under the Program. After
the transaction, the primary insider holds 14,258 shares, 450,000 options and
125 RSUs in the Company.
Ole Petter Saxrud (Managing Director, Atea Norway) purchased 20 shares under the
Program. After the transaction, the primary insider holds 1,750 shares, 300,000
options and 121 RSUs in the Company.
Juha Sihvonen (Managing Director, Atea Finland) purchased 23 shares under the
Program. After the transaction, the primary insider holds 293 shares, 360,000
options and 141 RSUs in the Company.
Steinar Sønsteby (Group CEO) purchased 20 shares under the Program. After the
transaction, the primary insider holds 125,250 shares, 850,000 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 22 shares under the
program. After the transaction, the primary insider holds 258 shares, 300,000
options and 125 RSUs in the Company.
Atea ASA holds 910,974 of its own shares.
3. Transfer and sale of rights
Reference is made to Section 3 of the stock exchange notice on 12 February 2026.
The final price per share for the transfer and sale of rights has been
determined at NOK 142.85.
See details about the transactions for primary insiders reported to
Finanstilsynet enclosed.
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