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Zaptec AS Share Issue/Capital Change 2021

Feb 19, 2021

3796_rns_2021-02-19_755b5208-0cff-41a2-815d-4ecb69f51b32.html

Share Issue/Capital Change

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Zaptec AS: Exercise of share options

Zaptec AS: Exercise of share options

On 18 February 2021, CEO Anders Thingbø announced his intention to exercise a total of 300,000 share options in the company's share option program. The redemption price is NOK 11.25. The shares will be subscribed for in a subsequent private placement within 14 days.

Following the exercise of share options, Anders Thingbø owns a total of 2,425,000 shares privately and through his wholly owned limited company.

For more information:

Anders Thingbø, CEO, Zaptec AS

Tel: +47 934 88 385, e-mail: [email protected]

Kurt Østrem, CFO, Zaptec AS

Tel: +47 404 04 700, e-mail: [email protected]

About Zaptec:

Zaptec is a leading developer and seller of charging systems for electric vehicles and related technology for multi family homes, office buildings and large parking facilities. Its chargers have integrated phase-balancing technology and utilise Automatic Power Management software, allowing charging at significantly higher speeds compared to conventional chargers without such technology. The group has 34 employees and is headquartered in Stavanger, Norway.