Related Party Transaction • Nov 9, 2020
Related Party Transaction
Open in ViewerOpens in native device viewer
Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade: Employee Share Saving Plan
Schibsted ASA has on 06 November 2020 sold 21,861 treasury B-shares to
participants in the Employee Share Saving Plan at a price of NOK 339.80 per B-
share (the price is set according to standard procedure for the program during a
two day period subsequent to the release of Schibsted's Q3 2020 report, the
closing price on 29 October 2020). The shares will be transferred to the
participants in the coming days. The transaction is related to the third
enrollment window in the Employee Share Saving Plan for 2020 which closed in
June 2020, and based on savings made during July, August and September 2020.
In addition, Schibsted ASA has on 06 November 2020 transferred 7,701 treasury B-
shares to participants in the Employee Share Saving Plan at a price of NOK
342.60 per B-share (the closing price on the vesting date for the two year
holding period, 30 October 2020). The shares will be transferred to the
participants in the coming days. The transaction is related to bonus matching
shares given to employees who enrolled in the Employee Share Saving Plan for
Shares sold and transferred to primary insider employees are disclosed in the
attachment.
After the transactions, Schibsted ASA holds 3,543,657 treasury A-shares and
1,294,915 treasury B-shares.
For more information on the employee share saving plan please refer to the
disclosure published 09 April 2014.
Oslo, 09 November 2020
SCHIBSTED ASA
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.