Oslo, 25 January 2024 - Employees of Adevinta ASA have on the 22th of January
2024 received a total of 25,349 gross Adevinta treasury shares. After
withholding tax, a total of 13,294 shares were sold at a price of 112.505472 NOK
per share to cover tax responsibilities and the net number of shares to be
transferred to the employees will be 12,055 shares. The net shares will be
transferred to the participants in the coming days. This transaction is related
to bonus matching shares given to employees who enrolled in the Employee Share
Saving Plan (ASPP) for Q4 of 2021.
Part of the transaction included primary insiders in Adevinta ASA. The
notifications of the transaction are 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 one bonus share for every share bought in connection with
this offer. For more information on the Adevinta employee share saving plan
please refer to the disclosure published 17 June 2019.
This information has been submitted in accordance with the Market Abuse
Regulation article 19 and the Norwegian Securities Trading Act Section 5?12.
-End-
IR contact
Marie de Scobiac
Head of Investor Relations
Anne-Sophie Jugean
Senior Investor Relations Manager
ir@adevinta.com (mailto:ir@adevinta.com)