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Adevinta — Director's Dealing 2022
Oct 21, 2022
3520_dirs_2022-10-21_4be12b8e-77c9-4358-82a2-fe987a3229bb.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, 21 October 2022 - Employees of Adevinta ASA have on the 20 of October
2022 purchased 91,906 Adevinta shares through a broker on the Oslo Stock
Exchange as part of Adevinta's employee share purchase plans at an average share
price of NOK 70.8551 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 2022 and the first
enrollment window in the Hybrid Adevinta Share Purchase Plan for 2022 which
closed in June 2022, and based on savings made during July, August and September
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 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])About Adevinta
Adevinta is a leading online classifieds specialist, operating digital
marketplaces in 12 countries. The company provides technology-based services to
connect buyers with sellers and to facilitate transactions, from real estate to
motors, and consumer goods.
Adevinta's portfolio spans more than 25 digital brands, covering one billion
people and attracting approximately three billion average monthly visits.
Leading brands include top-ranked leboncoin in France, Germany's leading
classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the
Netherlands, fotocasa and InfoJobs in Spain, Subito in Italy, and 50% of fast-
growing OLX Brasil. Adevinta employs around 8,100 people, including 3,000
(approx) working in product and technology teams, committed to supporting users
and customers daily. Find out more at Adevinta.com (https://www.adevinta.com/).
***
This notification has been submitted pursuant to article 19 of the Market Abuse
Regulation and pursuant to Section 5-12 the Norwegian Securities Trading Act