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Beskrivning

LandNorge
ListaOB Match
SektorInformationsteknik
IndustriInfrastruktur
Data Respons är ett norskt IT-bolag. Bolaget erbjuder anpassade tekniska lösningar med en produktportfölj bestående av hårdvara, plattformar, displayer och paneler. Majoriteten av kunderna återfinns inom OEM (Original Equipment Manufacturer) men även inom sjöfart, olje- och gas, samt försvarsindustrin. Bolaget grundades 1986 och har huvudkontor i Høvik.
2019-04-15 12:52:56
At the annual general meeting in 2016 the general meeting approved a 3 year
share option scheme for senior management within a framework of 1 440 000 share
options. The purpose of the share option program was to promote the long-term
value creation by establishing incentives for value creation for senior
management, and to facilitate mutual interests between management and
shareholders, in addition to being able to offer competitive terms to attract
and retain competent and experienced employees in senior management and key
positions.

Based on the approval in the annual general meeting in 2016, the Board of
Directors allocated 480 000 share options in April 2017 and an additional
480 000 share options in April 2018, with reference to the company's annual
report for 2018, note 6, and the last tranche of 480 000 share options was
allocated on April 12(th), 2019. The strike price was equal to the market value
of the Data Respons shares in April 2016, April 2017 and April 2018
respectively. The participants must be an employee of the company to be allowed
to exercise the share options. The exercise period for all share options is 10
bank days starting from 15 April 2019.

On 15 April 2019 the participants in the share option scheme exercised a total
of 1 440 000 share options (equal to 1 440 000 shares) to an average strike
price of NOK 19,51 per share.

The primary innsiders in Data Respons exercised the following number of share
options:

Kenneth Ragnvaldsen, CEO, 600 000 share options
Rune Wahl, CFO, 390 000 share options
Jørn E. Toppe, COO, 230 000 share options

On the same date Data Respons ASA purchased 1 440 000 own shares at a price of
NOK  31,80 per share to settle its obligation to deliver the shares. The shares
were purchased in accordance with the authorisation granted at the annual
general meeting on 12 April 2019. The Board of Directors used the authorization
to purchase treasury shares based on the financial solidity of the company and
in order to optimize the company's capital structure. Following these
transactions Data Respons still holds zero treasury shares.

The 15 April 2019 the primary insiders listed above transferred their rights to
receive shares resulting from the exercise of their share options to a third
party against a consideration to be determined on the basis of the price
subsequently obtained by the third party when selling the shares. The price
subsequently obtained was NOK  31,80 per share.

After exercising the options the primary insiders listed above hold the
following number of shares and unexercised options in Data Respons:

Name                                Title              Shares          Share
options
Kenneth Ragnvaldsen         CEO              325 595        0
Rune Wahl                         CFO              124 595        0
Jørn E. Toppe                    COO              167 032        0



For further information:

Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913 90 918.

Rune Wahl, CFO, Data Respons ASA, tel. + 47 950 36 046

About Data Respons
Data  Respons is  a full-service,  independent technology  company and a leading
player  in the IoT, Industrial digitalisation and the embedded solutions market.
We   provide  R&D  services  and  smarter solutions  to  OEM  companies,  system
integrators  and vertical product  suppliers in a  range of market segments such
as Transport  &  Automotive,  Industrial  Automation,  Telecom  &  Media, Space,
Defence & Security, Medtech, Energy & Maritime, and Finance & Public Sector.

Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part
of  the information technology index. The company has offices in Norway, Sweden,
Denmark, Germany and Taiwan. www.datarespons.com (http://www.datarespons.com/)

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