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Autostore Holdings Ltd.: Result of the employee share purchase plan for 2025 following second application period
27 Aug 2025 17:53 CEST
Issuer
AutoStore Holdings Ltd.
(Nedre Vats, 27 August 2025): Reference is made to the stock exchange
announcement published by AutoStore Holdings Ltd. ("AutoStore", OSE: AUTO) on 16
June 2025, where the result of the employee share purchase plan for 2025 (the
"2025 Program") for all permanent employees (the "Permanent Employees") of
AutoStore Holdings Ltd. and its subsidiaries (the "Group") was announced.
Permanent employees who did not participate during the initial application
period in June have now been extended an opportunity to apply during a second
application period, which commenced today, 27 August 2025, at 06:00 hours (CEST)
and expired at 16:30 hours (CEST). The relevant 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 on similar terms and conditions
as the Permanent Employees in June 2025. The shares purchased will be subject to
a two-year lock-up period.
The Permanent Employees have purchased a total of 506,974 shares in AutoStore by
the end of the application period.
For purchases made by primary insiders, please see the attached forms of
notification and public disclosure for further information.
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 in this second application period is NOK 6.4697, which is 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 offer (i.e. including 26 August
2025), with a reduction of 20% to compensate for the lock-up undertaking.
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
-fulfilment 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 ~1,750 Systems in 60 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.
More information:
Access the news on Oslo Bors NewsWeb site
Source
AutoStore Holdings Ltd.
Provider
Oslo Børs Newspoint
Company Name
AUTOSTORE HOLDINGS LTD.
ISIN
BMG0670A1099
Symbol
AUTO
Market
Euronext Oslo Børs