Oslo, 11 May 2021 - Employees of Adevinta ASA have on the 7 of May 2021
purchased 23,033 Adevinta shares through a broker on the Oslo Stock Exchange as
part of Adevinta's Employee Share Purchase Plan at an average share price of NOK
141.5060 per share. The shares will be transferred to the participants in the
coming days. The transactions are related to the first enrolment window in the
Adevinta Share Purchase Plan for 2021 which closed in December 2020, and based
on savings made during January, February and March 2021.
Shares purchased by employees who are primary insiders are disclosed in an
attachment to this release and the notifications of the transaction are also
attached to this press release in accordance with MAR regulation.
The purpose of Adevinta's Employee Share Purchase Plan is to motivate and retain
employees as well as to increase the interest in Adevinta's result and
performance through owning Adevinta shares. After two years of ownership, the
company will allocate two bonus shares for every share bought during the first
two quarterly enrolments in 2019. Thereafter, one bonus share for every share
bought in connection with this offer. For more information on the employee share
saving plan please refer to the disclosure published on 17 June 2019.
- End -
IR contact
Marie de Scobiac
Head of Investor Relations
ir@adevinta.com (mailto:ir@adevinta.com)
Anne-Sophie Jugean
Investor Relations Manager
+33 6 74 19 22 81
ir@adevinta.com (mailto:ir@adevinta.com)
About Adevinta
Adevinta is a global online classifieds specialist, operating digital
marketplaces in 11 countries. The company provides technology-based services to
connect buyers with sellers and to facilitate transactions, from job offers to
real estate, cars, consumer goods and more. Adevinta's portfolio includes more
than 30 digital products and websites, attracting 1.3 billion average monthly
visits. Leading brands include top-ranked leboncoin in France, InfoJobs and
Milanuncios in Spain, and 50% of fast-growing OLX Brazil. Adevinta spun off from
Schibsted ASA and publicly listed in Oslo, Norway in 2019. Adevinta is majority
owned by Schibsted ASA and employs 4,700 people committed to supporting users
and customers daily. Find out more at Adevinta.com (http://www.adevinta.com).