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Selskabsmeddelelse

Zaptec ASA: Completion of own shares buy-back and allocation of shares to primary insiders

17.01.2025, 17.12
Zaptec
Sandnes, 17 January 2025: 

Reference is made to the stock announcement on 17 January 2025 regarding the
intention of Zaptec ASA ("Zaptec" or the "Company") to buy back own shares in
the Company to meet obligations arising from the Company's share incentive
programs (the "Buy-Back"). The Buy-Back has now been completed. The Company
acquired 130,569 shares at an average price of NOK 11.2274 per share. Please see
attached overview of the individual transactions for further information. ABG
Sundal Collier ASA managed the Buy-Back.

CEO Kurt Østrem was allocated 43,923 shares in Zaptec from the Company's share
incentive programs on 17 January 2025. The shares were transferred to his fully
owned company, Østrem Invest AS. Following the transaction, Østrem Invest AS
owns 1,173,923 shares in Zaptec ASA. In addition, Kurt Østrem holds 300,000
options in the Company.

CFO & Deputy CEO Eirik Fjellså Hærem was allocated 26,669 shares in Zaptec from
the Company's share incentive programs on 17 January 2025. Following the
transaction, Eirik Fjellså Hærem holds a total of 126,669 shares in the Company.

Primary insider notification pursuant to the market abuse regulation article 19
is attached.


For more information, please contact:
Kurt Østrem, CEO, Zaptec ASA Tel: + 47 40 40 47 00, e-mail: kurt@zaptec.com
Eirik Fjellså Hærem, CFO & Deputy CEO, Zaptec ASA Tel: +47 95 72 21 45, e-mail:
efh@zaptec.com
Kristian Sæther, Finance Director & IR, Zaptec ASA Tel: + 47 90 70 85 12,
e-mail: investor@zaptec.com

About Zaptec: Zaptec is a technology company within electric vehicle (EV)
charging systems in Europe. The company develops EV charging systems for multi
and single-family homes and office buildings. The product portfolio enables many
charging points at a low cost and includes Zaptec Pro, Zaptec Go, Zaptec Portal,
and Zaptec Sense. The company accelerates the electrification of the transport
sector to assist European countries in reducing CO2 emissions from light-duty
cars.
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