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

Primary insiders in Data Respons ASA have subscribed to 73 000 new shares in Data Respons ASA (DAT) as part of the company's employee share saving scheme for 2018, with reference to stock exchange notice of 18 October 2018 regarding the share capital increase of 73 000 shares. The subscription price per share will be NOK 21.14, equal to the weighted average traded price of the Data Respons share on the Oslo Stock Exchange today the October 18, 2018, less a discount of 20%.

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

Number of shares subscribed / New holdings including related parties

- Ragnbang Invest AS (100% owned by Kenneth Ragnvaldsen, CEO):  36 500 / 325 595

- Wahl Street AS  (100% owned by Rune Wahl, CFO):  36 500 / 124 595

For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. [phone].
Rune Wahl, CFO, Data Respons ASA, tel. + 47 950 36 046.

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 of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Data Respons ASA via Globenewswire