Zaptec ASA: Completion of own shares buy-back and allocation of shares to primary insiders
Sandnes, Norway, 19 January 2025: Reference is made to the stock exchange announcement on 14 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 500,000 shares at an average price of NOK 23.6520 per share. Please see attached overview of the individual transactions for further information. ABG Sundal Collier ASA managed the Buy-Back. Allocation of shares to the relevant employees is expected shortly, including allocations to primary insiders. Primary insider allocations will be notified in accordance with applicable regulations. 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.