AutoStore Holdings Ltd. – Implementation of new share purchase plan for all permanent employees
June 7, 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
(Nedre Vats, 7 June 2022) On 19 May 2022, all permanent employees (the "Permanent Employees") of AutoStore Holdings Ltd. ("AutoStore", OSE:AUTO") and its subsidiaries (the "Group") have been invited to participate in a new employee share purchase plan (the "Program"). The overall purpose of the Program is to closely align the participants' interests with those of the shareholders of AutoStore and to create a long-term commitment to AutoStore. The Program will constitute an important component in the Group's total compensation package designed to attract and retain competent and motivated employees.