Oslo, 29 August 2022: Webstep ASA (the "Company") has completed an exercise
window for vested options under its long-term incentive program, where in total
23,711 options have been exercised by two option holders.
The exercise price for the options exercised equals the volume-weighted average
market price for the Company's shares on the Oslo Stock Exchange the six trading
days prior to the grant date of the relevant options.
Each option exercised gives the option holder the right to receive one share in
the Company, and the Company will settle the exercised options by transferring
shares from its holding of own shares to the option holders having exercised
options. Following the transfer of 23,711 shares, the Company holds 29,983 own
shares.
Contact details for further information:
Truls Oftedal Ellingsen, Interim CFO
Cell: +47 928 03 031
Email : ir@webstep.com
Website: www.webstep.com
Webstep ASA is a provider of consultancy services to the private and public
sector, with the IT expertise necessary to deliver the most demanding
digitalisation and IT services. The Webstep Group employs approximately 500
employees in Norway and Sweden. The company offers its services to more than 250
customers annually and has been recognised for its work environment.