Astrocast SA: Exercise of share options by primary insider

LAUSANNE, Switzerland, 15 December 2022 – Astrocast Jan Eyvin Wang, member of the board of directors of Astrocast SA (ASTRO), has received 50 000 shares from the treasury shares of the company on December 15th, 2022, following the exercise of options granted on 26 January 2022. The exercise price for the share options is CHF 0.01. Following the transaction Jan Eyvin Wang owns a total of 50 000 shares and 50 000 share options in Astrocast SA. A primary insider notification pursuant to the EU Market Abuse Regulation Article 19 is attached. For more information, please contact Kjell Karlsen, Chief Financial Officer Investors@astrocast.com About Astrocast Astrocast SA operates a leading global nanosatellite IoT network, offering services in industries such as Agriculture & Livestock, Maritime, Environment & Utilities to name a few. The Astrocast network enables companies to monitor, track, and communicate with remote assets from anywhere in the world. It relies on superior L-band spectrum through a strategic alliance with Thuraya. In partnership with Airbus, CEA/LETI and ESA, Astrocast developed Astronode S, an ultra-low power and miniaturised module compatible with inexpensive L-band patch antennas.
Founded in 2014 by a renowned team of experts, Astrocast develops and tests all its products in-house, from the satellites to the modules. Astrocast is listed on Euronext Growth Oslo. For more information visit www.astrocast.com. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.