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Adevinta — Director's Dealing 2023
May 15, 2023
3520_dirs_2023-05-15_9963c545-b51d-4d23-a07a-214dbd586453.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, 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
(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