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

Jan 26, 2023

3520_dirs_2023-01-26_fa3aeb63-35d0-4879-8255-bfebab741643.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, 26 January 2023 - Employees of Adevinta ASA have on the 24 of January

2023 purchased 83,154 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 85.584817 per share. The shares will be transferred to the

participants in the coming days. The transactions are related to the fourth

enrollment window in the Adevinta Share Purchase Plan for 2022 and the second

enrollment window in the Hybrid Adevinta Share Purchase Plan for 2022 which

closed in September 2022, and based on savings made during October, November and

December 2022.

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

[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 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 is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.