Press Releases

AutoStore Holdings Ltd. – Exercise of share options under the equity incentive plan and joint sale of option shares - additional exercise windows going forward

AutoStore: Q3 2023 financial results

AutoStore: Minutes from Special General Meeting

(Nedre Vats, 27 October 2023): AutoStore Holdings Ltd. (the "Company", OSE:AUTO) has today at 15:30 hours (CEST) held a special general meeting as a digital meeting. The general meeting resolved the election of independent board members and approved remuneration in line with the proposals from the nomination committee. Please find enclosed the minutes from the special general meeting, which will also be made available on the Company's website: https://www.autostoresystem.com/investors.

AutoStore: Invitation to presentation of the third quarter 2023 financial results

(Nedre Vats, 24 October 2023): AutoStore Holdings Ltd (AutoStore: OSE:AUTO) invites investors, analysts and journalists to join the presentation of the third quarter 2023 financial results on Thursday 9 November 2023 at 08:00 CET via a live webcast and earnings call.

AutoStore: Notice of Special General Meeting

(Nedre Vats, 6 October 2023): AutoStore Holdings Ltd. (the "Company" or "AutoStore", OSE:AUTO) hereby gives notice of the convening of a special general meeting to be held on Friday 27 October 2023 at 15:00 hours (CEST) as a digital meeting, for the general meeting to resolve the election of independent members of the board of directors and to resolve remuneration to the relevant members of the board of directors and the chair of the audit committee.

Paul Harrison new CFO at AutoStore Holdings Ltd

(Nedre Vats, 7 September, 2023) - AutoStore Holdings Ltd. (AutoStore, OSE:AUTO) today announced that Paul Harrison has been named AutoStore’s Chief Financial Officer, effective October 30, 2023. Paul will succeed Bent Skisaker, who will be transitioning out of his position in October.

AutoStore Holdings Ltd. – Sale of option shares completed

(Nedre Vats, 18 August 2023): Reference is made to the stock exchange notice issued by AutoStore Holdings Ltd. ("AutoStore" or the "Company", OSE:AUTO) yesterday, on 17 August 2023, regarding exercise of share options under AutoStore's equity incentive plan. 

AutoStore Holdings Ltd. – Exercise of share options under the equity incentive plan and joint sale of option shares

(Nedre Vats, 17 August 2023): Reference is made to the equity incentive plan of AutoStore Holdings Ltd ("AutoStore" or the "Company", OSE: AUTO). In an exercise window opened in connection with the publication of the Company's Q2 2023 results, option holders under the Company's equity incentive plan have exercised a total of 2,344,670 options with a strike price of NOK 3.76943 per share.

AutoStore: Q2 2023 financial results

Second quarter 2023 highlights (All comparisons to corresponding period in 2022) · All time high revenue of USD 176 million, up 18% compared to the first quarter of 2023, and up 6% compared to the corresponding period last year · Gross profit of USD 119 million, up 27% from USD 94 million · Strong gross margin of 68%, up by 11 pp. · Adjusted EBITDA[1] of USD 87 million, up 25% from USD 70 million · Returning to historical and industry leading adjusted EBITDA[1] margin of 50%, up 8 pp. · Quarterly order intake[2] of USD 137 million brought the order backlog[3] to USD 452 million · Simplified free cash flow[1] was USD 74 million, up from USD 59 million, equating to a cash flow conversion rate of 85% (86%) [1] Please refer to APM section for further explanations and details on APM measures on page 25 of the second quarter 2023 financial report. [2] Order intake is defined as value of projects where a distribution partner has received a purchase order or verbal confirmation that a specific installation will be ordered. [3] Order backlog is defined as the total value of order intake not yet shipped and for which revenue has not yet been recognized. Full year 2023 guidance · Reaffirming revenue of USD 700 to 750 million

AutoStore: Invitation to presentation of the second quarter 2023 financial results

(Nedre Vats, 10 August 2023): AutoStore Holdings Ltd (AutoStore: OSE:AUTO) invites investors, analysts and journalists to join the presentation of the second quarter 2023 financial results on Thursday 17 August 2023 at 08:00 CEST via a live webcast and earnings call.

Autostore Holdings Ltd. – Correction of grants under the long-term incentive plan for 2023

Reference is made to the stock exchange notice made by AutoStore Holdings Ltd., (the "Company" or "AutoStore", OSE: AUTO) on 14 July 2023, where the remuneration committee, a subcommittee of the board of directors of the Company approved new grants under the long-term incentive plan for 2023 ("LTIP") for certain members of the Company's management and other leading employees (the "Executives") in line with the terms as adopted by the annual general meeting of the Company held on 19 May 2022.

AutoStore and Ocado settle all patent litigation

(Nedre Vats, 22 July 2023)  – AutoStore Holdings Ltd (AutoStore, OSE:AUTO) and Ocado Group (Ocado, LON:OCDO) announced today a complete settlement of all claims between the companies in their global patent dispute, avoiding further litigation and associated costs.

Autostore Holdings Ltd. – Long-term incentive plan 2023 grants

Autostore Holdings Ltd. – Long-term incentive plan 2023 grants The remuneration committee, a subcommittee of the board of directors of AutoStore Holdings Ltd., (the "Company" or "AutoStore", OSE: AUTO), has, on 14 July 2023, approved new grants under the long-term incentive plan for 2023 ("LTIP") for certain members of the Company's management and other leading employees (the "Executives") in line with the terms as adopted by the annual general meeting of the Company held on 19 May 2022. The LTIP was first launched in 2022. Reference is made to the Company's stock exchange notice published on 8 July 2022 for further information about the grants under the LTIP in 2022. The LTIP is designed to strengthen the Executives’ retention through the awarding of rolling out annual LTIP grants.

Autostore Holdings Ltd.: Result of the employee share purchase plan for 2023

(Nedre Vats, 28 June 2023): Reference is made to the stock exchange notice on 14 June 2023 published by Autostore Holdings Ltd. ("AutoStore", OSE: AUTO), regarding the implementation of the employee share purchase plan for 2023 (the "2023 Program") for all permanent employees of AutoStore (the "Permanent Employees") and its subsidiaries (the "Group"). The application period expired today, on 28 June 2023 at 16:30 hours (CEST).

AutoStore Holdings Ltd.: Launch of the employee share purchase plan for 2023 for all permanent employees

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