20.8.2025 09:05:02 CEST | Vend Marketplaces ASA | Non-regulatory press releases
On 18 July, Vend Marketplaces ("Vend") announced that the company would accept a
violation penalty of NOK 10 million in connection with Vend's pre-close calls
ahead of the first quarter 2025 results. In line with the communicated
intention, the Financial Supervisory Authority of Norway ("Finanstilsynet")
today confirmed its decision to issue the violation penalty.
In the 18 July 2025 release, Vend announced the following principles for
communication with the financial markets:
* Vend will continue the practice that was installed as of the second quarter
2025 of no longer organising pre-close calls, as announced in a stock
exchange announcement on 20 June 2025.
* Vend will continue the practice that was installed as of the second quarter
2025 of publishing a written summary of information given at the previous
quarterly presentation, accompanied with listing volumes for the first two
months of each quarter going forward, and other information the company sees
relevant. The data will be published in a stock exchange release. Following
the distribution of this newsletter, Vend's IR team will refrain from
discussing short-term development with analysts, investors or other
stakeholders before the following interim report is published.
* Vend will formalise its silent period to start at least four weeks before
quarterly results are announced, and no later than the first business day
after quarter-end.
* During the silent period, Vend will refrain from discussing the company's
performance and prospects with analysts, investors, media and others.
"As we communicated in July, we recognise that some of the information that was
shared related to the first quarter pre-close calls should not have been given.
We will do our utmost to ensure that Vend can be trusted and that our
communication is reliable, timely, and in accordance with all regulatory
requirements and best practice. We have learned from this mistake, taken the
consequences and made appropriate changes," says Per Christian Mørland, CFO of
Vend.
Oslo, 20 August 2025
VEND MARKETPLACES ASA
CONTACTS
* Jann-Boje Meinecke, SVP FP&A and Investor Relations, Vend Marketplaces ASA,
+47 941 00 835, ir@vend.com
* Kristine Eia Kirkholm, Director of Communication, Vend Marketplaces ASA, +47
93 24 78 75, kristine.eia.kirkholm@vend.com
ABOUT VEND MARKETPLACES ASA
Vend Marketplaces ASA ("Vend") is a family of marketplaces with a strong Nordic
position. As a leading marketplaces company within Mobility, Real Estate, Jobs
and Recommerce, we provide effortless digital experiences designed for the needs
of tomorrow. We do it with a clear sense of purpose, to create sustainable value
and long-term growth, for all our stakeholders and society as a whole.
Vend has an ownership share of 14% in Adevinta, a company that was spun off in
2019 and is now privately owned by a group of investors.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/18625204/6357/Download%20announce
ment%20as%20PDF.pdf