(Nedre Vats, 16 June 2025): All permanent employees (the "Permanent Employees")
of AutoStore Holdings Ltd. ("AutoStore", OSE:AUTO) and its subsidiaries (the
"Group") have been invited to participate in the employee share purchase plan
for 2025 (the "2025 Program").
The application period expired today, 16 June 2025 at 16:30 hours (CEST).
Through the 2025 Program, the Permanent Employees were offered to apply for
shares in AutoStore for a minimum investment amount of NOK 1,000 and a maximum
investment amount of NOK 1,000,000. Shares purchased will be subject to a two
-year lock-up period.
Employees have applied for a total of 1,384,413 shares in AutoStore by the end
of the application period. AutoStore reserves the right to cancel purchases by
any applicant if the applicant fails to make timely payment for the shares to
AutoStore. The shares delivered to the applicants subject to timely payment,
will be existing shares held in treasury by AutoStore.
The purchase price for each share under the 2025 Program was NOK 4.2358, equal
to the volume-weighted average share price for AutoStore's Shares on the Oslo
Stock Exchange during the 30 trading days prior to the expiry of the offer
(including the application period, which was from 2 June 2025 and to 16 June
2025 at 16:30 hours (CEST)), with a reduction of 20% to compensate for the lock
-up undertaking (calculated based on the Black & Scholes model).
More information about the employee share purchase plan is included in the
remuneration guidelines approved at AutoStore's annual general meeting on 19 May
2022, available in the meeting notice published on 28 April 2022 via NewsWeb
(http://www.newsweb.oslobors.no).
This information is subject to the disclosure requirements in Article 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.
For further information, please contact:
Hiva Flåskjer, Senior Vice President Investor Relations
Telephone: +47 958 66 790 | Email: hiva.flaskjer@autostoresystem.com
About AutoStore | www.autostoresystem.com
AutoStore, founded in 1996, is a technology company that develops order
-fulfillment solutions to help businesses achieve efficiency gains within the
storage and retrieval of goods. The company offers both hardware and software
capabilities and the AutoStore technology is interoperable with other third
-party solutions. AutoStore is global, with ~1,700 Systems in 58 countries. All
sales are distributed, designed, installed, and serviced by a network of
qualified system integrators referred to as "partners". AutoStore was founded in
Nedre Vats, on the west coast of Norway. The company has offices in Norway, the
U.S., UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia,
and Singapore, as well as assembly facilities in Poland and Thailand.