Transaction in Own Shares • Aug 15, 2019
Transaction in Own Shares
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Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade
Schibsted Media Group has on 14 August 2019 sold 20,371 treasury B-shares to
participants in the Employee Share Saving Plan at a price of NOK 222,00 per B-
share (the price is set according to standard procedure for the program two days
after release of Schibsted's Q2 report, the closing price 18 July 2019). The
shares will be transferred to the participants in the coming days. The
transaction is related to the second enrolment window in the Employee Share
Saving Plan for 2019 which closed in March 2019, and based on savings made
during April, May and June 2019.
In addition, Schibsted Media Group has on 14 August 2019 transferred 8,637
treasury B-shares to participants in the Employee Share Saving Plan at a price
of NOK 224.80 per B-share (the closing price on the vesting date for the two
year holding period, 5 August 2019). 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 these transactions, and including buy-back of shares disclosed in a
separate release today, Schibsted ASA holds 1,091,267 treasury A-shares and
343,857 treasury B-shares.
For more information on the employee share saving plan please refer to the
disclosure published 9 April 2014.
Oslo, 15 August 2019
SCHIBSTED ASA
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