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Adevinta — Director's Dealing 2021
Oct 19, 2021
3520_dirs_2021-10-19_f7fc70db-ec05-4298-8295-1039714e6ad7.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, 19 October 2021
Employees of Adevinta ASA have on the 15 of October 2021 purchased 22,891
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
146.0339 NOK per share. The shares will be transferred to the participants in
the coming days. The transactions are related to the third enrollment window in
the Adevinta Share Purchase Plan for 2021 which closed in June 2021, and based
on savings made during July, August and September 2021.
Shares purchased by employees who are primary insiders are disclosed in an
attachment to this release and the notifications of the transaction are also
attached to this press release in accordance with MAR regulation.
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.
-End-
IR contact
Marie de Scobiac
Head of Investor Relations
[email protected] (mailto:[email protected])
Anne-Sophie Jugean
Investor Relations Manager
+33 6 74 19 22 81
(mailto:[email protected])
***
This notification has been submitted pursuant to article 19 of the Market Abuse
Regulation.