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Adevinta — Director's Dealing 2020
Aug 7, 2020
3520_dirs_2020-08-07_fff0ced5-b5ba-499b-83ac-0e2d0b5f4b97.html
Director's Dealing
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Adevinta (ADE) - Mandatory notification of trade - Employee share purchase plan
Adevinta (ADE) - Mandatory notification of trade - Employee share purchase plan
Oslo, 7 August 2020 - Employees of Adevinta ASA have on 6 August 2020 purchased
19,322 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
163.8772 per share. The shares will be transferred to the participants in the
coming days. The transactions are related to the second enrolment window in the
Adevinta Share Purchase Plan for 2020 which closed in March 2020, and based on
savingws made during April, May and June 2020.
Shares purchased by employees who are primary insiders are disclosed in an
attachment to this release.
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 17 June 2019.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
About Adevinta
Adevinta is a global online classifieds specialist, operating digital
marketplaces in 15 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 spans 35
digital products and websites, attracting 1.5 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 employs 4,700 people
committed to supporting users and customers daily. Find out more at
Adevinta.com.
For more information on Adevinta ASA please visit:
www.adevinta.com/
Contact information.
Marie de Scorbiac - Head of Investor Relations