Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Adevinta Director's Dealing 2022

May 18, 2022

3520_dirs_2022-05-18_36901f62-ca23-413b-9310-f4e8e6b1d914.html

Director's Dealing

Open in viewer

Opens in your device viewer

Adevinta ASA (ADE) - Mandatory notification of trade - Employee Share Purchase Plan

Adevinta ASA (ADE) - Mandatory notification of trade - Employee Share Purchase Plan

Oslo, 18 May 2022 - Employees of Adevinta ASA have on the 16 of May 2022

received a total of 27,706 gross Adevinta treasury shares. After withholding

tax, a total of 16,326 shares were sold at a price of 59.75 NOK per share to

cover tax responsibilities and the net number of shares to be transferred to the

employees will be 11,380 shares. The net shares will be transferred to the

participants in the coming days. This transaction is related to bonus matching

shares given to employees who enrolled in the Employee Share Saving Plan for Q1

Part of the transaction included primary insiders in Adevinta ASA. The

notifications of the transaction are 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 results 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 Adevinta

employee share saving plan please refer to the disclosure published 17 June

This information has been submitted in accordance with the Market Abuse

Regulation article 19 and the Norwegian Securities Trading Act Section 5?12.

-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

[email protected]

(mailto:[email protected])About Adevinta

Adevinta is a leading 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 real estate to

motors, and consumer goods.

Adevinta's portfolio spans more than 40 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 committed to supporting

users and customers daily. Find out more at Adevinta.com

(https://www.adevinta.com/).