The extraordinary general assembly approved the shareholder program for the Board on 21 November 2018.
The shares will be allocated from StrongPoints own holding. The shares will be allocated three working days following each quarterly presentation. The price for the shares will be based on the volume weighted average price of the shares these 3 days.
The first share allocation will be made on 5 March 2019. The number of shares allocated, and price will be reported to the market following the transaction.
For additional information please contact:
Hilde Horn Gilen
CFO, StrongPoint ASA
Phone +47 920 60 158
StrongPoint's mission: Driving Retailers' productivity by providing innovative integrated Technology Solutions enabling retailers to perform to their full potential.
StrongPoint has its headquarter at Rælingen, and has approximately 540 employees in Norway, Sweden, the Baltics, France, Germany, Belgium, Spain, Russia and Malaysia. StrongPoint has the ticker "STRONG" on Oslo Stock Exchange. For further information: www.strongpoint.com
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
This information was distributed by GlobeNewswire https://www.globenewswire.com/