Webstep

Webstep ASA: Share Savings Plan - transfer of shares

Oslo, 16 October 2019. Reference is made to the stock exchange announcement by

Webstep ASA ("Webstep") on 11 October 2019 regarding the expiry of the vesting

period of the employee saving shares and the transfer of matching shares to

eligible employees.

Webstep has transferred in total 72,411 shares to the 147 employees who were

eligible for the transfer of Matching Shares in accordance with the Share

Savings Plan.

Transfers made to primary insiders:

· Arnt Roger Aasen, 1,244 Matching Shares. Following the transfer, Mr. Aasen's

new aggregate holding of shares with his close associates is 124,530.

· Anders Bjørnestad, 622 Matching Shares. Following the transfer, Mr.

Bjørnestad's new aggregate holding of shares with his close associates is

23,701.

· Carl Olof Jakob Cardell, 1,020 Matching Shares. Following the transfer, Mr.

Cardell's new aggregate holding of shares is 25,020.

· Morten Evenrud, 622 Matching Shares. Following the transfer, Mr. Evenrud's

new aggregate holding of shares is 3,701.

· Rolf Helle, 497 Matching Shares. Following the transfer, Mr. Helle's new

aggregate holding of shares with his close associates is 29,745.

· Marianne Styrman, 1,244 Matching Shares. Following the transfer, Mrs.

Styrman's new aggregate holding of shares is 19,056.

The Company has used its holding of treasury shares to settle its obligations

towards the Employees. Following the transfer of Matching Shares, the Company

holds 414,016 own shares.

Contact details for further information:

Liv Annike Kverneland, CFO

Cell: +47 911 51 110

Website : (http://www.webstep.com)www.webstep.com

Webstep ASA is a provider of consultancy services to the private and public

sector, with the IT expertise necessary to deliver the most demanding

digitalisation and IT services.The Webstep Group employs approximately 400

employees in Norway and Sweden. The company offers its services to more than 200

customers annually and has been recognised for its work environment.

This information is subject to the disclosure requirements pursuant to section 4

-2 of the Norwegian Securities Trading Act.

AI Terminal