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Adevinta — Director's Dealing 2020
May 7, 2020
3520_dirs_2020-05-07_c22b4cb2-c2cf-46eb-a9a0-86af1654e0a3.html
Director's Dealing
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Adevinta ASA (ADE) - Mandatory notification of trade - Employee share purchase plan
Adevinta ASA (ADE) - Mandatory notification of trade - Employee share purchase plan
Oslo, 7 May 2020
Employees of Adevinta ASA have on the 7 of May 2020 purchased 36,855 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 92.94 per share.
The shares will be transferred to the participants in the coming days. The
transactions are related to the first enrolment window in the Adevinta Share
Purchase Plan for 2020 which closed in December 2019, and based on savings made
during January, February and March 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.
About Adevinta:
Adevinta ASA is the biggest marketplace specialist in Europe. We help our local
digital marketplaces thrive through global connections and networks of
knowledge. Our marketplaces unlock the full value in every person, place and
thing - helping local communities prosper and leaving a positive footprint on
the world.
For more information on Adevinta ASA please visit:
www.adevinta.com/
(https://www.globenewswire.com/Tracker?data=hRBd6vslRx7ihL7P14vdAuyGFeMzQb0E2DZD
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For further information, please contact Investor Relations:
Marie De Scorbiac
[email protected] (mailto:[email protected])
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act