Data Respons ASA: Mandatory notification of trade - Employee share savings scheme

Primary insiders in Data Respons ASA have subscribed to new shares in Data Respons ASA (DAT) as part of the company's employee share saving scheme for 2017.

 

The share saving scheme is directed at all employees in Data Respons Norge AS, Data Respons AB, Data Respons A/S, Microdoc Computersysteme GmbH and Data Respons ASA, where each employee may subscribe to a number of shares limited to a subscription amount of 10 % of yearly gross fixed salary and in any case up to a maximum number of 15 000 shares. The subscription price was set to NOK 20.19 per share, representing the weighted average traded price of the Data Respons share on the Oslo Stock Exchange of the ten trading days before the subscription period (from April 28, 2017 to May 12, 2017), of NOK 26.92, less a 25 % discount.

 

The following primary insiders have subscribed to new shares in DAT:

 

Number of shares subscribed / New holdings (including related parties):

- Kenneth Ragnvaldsen, CEO: 10 000 / 282 000

- Rune Wahl, CFO: 9 000 / 81 000

- Åsa Grübb-Weinberg, employee elected board member: 2 000 / 8 000

- Bendik Justad, Group Controller: 3 000 / 7 000

 

 

For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. [phone].

About Data Respons
Data Respons is a full-service, independent technology company and a leading player in the IoT and the embedded solutions market. We provide R&D services and embedded solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as Medical, Industry Automation, Smart grid/Smart home, Bank and Insurance, Automotive, Defence, Maritime, Energy and Telecommunications.

Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has offices in Norway, Sweden, Denmark, Germany and Taiwan. www.datarespons.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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Source: Data Respons ASA via Globenewswire