Techstep ASA - Disclosure of large shareholdings

Reference is made to Techstep ASA's stock exchange announcement earlier today regarding the redelivery of borrowed shares to Datum AS in connection with the Tranche 2 of the Private Placement.

Following the redelivery of shares, Datum AS’ shareholding is 58,354,776 shares and thereby crossing above the 15% threshold to 19.15% of the outstanding shares in Techstep ASA.

In addition, the associated company Datum Vekst AS holds 1,600,000 shares in Techstep ASA. The combined holdings of Datum AS and Datum Vekst AS corresponds to 19.67% of the outstanding shares and votes in Techstep ASA. Datum AS and Datum Vekst AS are indirectly controlled by deputy board member Jan Haudemann-Andersen.

This information is subject to the disclosure requirements pursuant to Section 5 -12 the Norwegian Securities Trading Act.