Techstep ASA — Major Shareholding Notification 2019

Nov 14, 2019

Mandatory notification of trade and disclosure of large shareholding

Mandatory notification of trade and disclosure of large shareholding

Karbon Invest AS has today, 14 November 2019, purchased 1,335,815 shares in Techstep ASA (the “Company”) at a price of NOK 3.00 per share.

Karbon Invest AS is indirectly controlled by chairman of the board in the Company, Jens Rugseth. Karbon Invest AS is directly controlled by Rugz AS and Rugz II AS (together referred to as “Rugz”) and Rugz is directly controlled by Mr. Rugseth.

Following the purchase, Karbon Invest AS holds 17,236,689 shares in the Company, entailing an increase in ownership from 9.99% to 10.84% of the of outstanding shares in the Company.

This notification is made pursuant to section 4-2 and 4-3 of the Norwegian Securities Trading Act.