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 2023

May 15, 2023

3520_dirs_2023-05-15_9963c545-b51d-4d23-a07a-214dbd586453.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, 15 May 2023 - Employees of Adevinta ASA have on the 12th of May 2023

received a total of 16,269 gross Adevinta treasury shares. After withholding

tax, a total of 9,626 shares were sold at a price of 80.5299 NOK per share to

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

employees will be 6,643 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

of 2021.

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 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 Adevinta employee share saving plan

please refer to the disclosure published 17 June 2019.

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 11 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 2.5 billion average monthly visits. Noted

assets include top-ranked leboncoin in France, Germany's leading classifieds

sites mobile.de and Kleinanzeigen, Marktplaats in the Netherlands, Fotocasa,

Habitaclia and InfoJobs in Spain, Subito in Italy, and 50% of fast-growing OLX

Brasil. Adevinta employs around 5,700 people, including some 3,000 working in

product and technology teams, committed to supporting users and customers

daily.

Adevinta is a sustainability leader within the Dow Jones Sustainability Index

(DJSI) Europe. Find out more at Adevinta.com (https://www.adevinta.com/).

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act