AutoStore Holdings Ltd. - Exercise of share options under the 2019 equity incentive plan and sale of option shares
(Nedre Vats, 20 February 2025): Reference is made to the 2019 equity incentive plan of AutoStore Holdings Ltd. ("AutoStore" or the "Company", OSE: AUTO).
In an exercise window opened in connection with the publication of the Company's Q4 2024 results, option holders under the Company's 2019 equity incentive plan have exercised a total of 248,523 options with a strike price of NOK 3.84846 per option.
No primary insiders of the Company have exercised any options in this exercise window.
All the option holders who exercised options have chosen to exercise their options with cash settlement by the Company. The Company have sold a total of 166,124 option shares at a price of NOK 11.6073 per option share to cash settle the exercised share options. The Company holds 68,706,086 treasury shares following the option exercise and the above-mentioned sale of option shares.
Following the exercise, there are 66,354,793 vested and 0 unvested options remaining under the 2019 equity incentive plan.
For further information, please contact:
Hiva Flåskjer, SVP Investor Relations, AutoStore AS Telephone: +47 958 66 790 [email protected]
Nili Eslah, Investor Relations Manager, AutoStore AS Telephone: +47 456 62 664 [email protected]
About AutoStore | www.autostoresystem.com
AutoStore, founded in 1996, is a technology company that develops order-fulfillment 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 ~1,650 Systems in 58 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.