Adevinta — Director's Dealing 2024

Apr 24, 2024

Adevinta ASA: Mandatory notification of trade

Adevinta ASA: Mandatory notification of trade

Reference is made to the stock exchange announcement on 21 November 2023 and the offer document dated 22 December 2023 (the "Offer Document") regarding a voluntary offer (the "Offer") by Aurelia Bidco Norway AS (the "Offeror"), to acquire all the outstanding ordinary class A shares in Adevinta ASA (the "Company"), and a transaction completion agreement whereby inter alia Permira Fund VII, being advised by Permira Advisers LLP, through Astinlux Finco Sàrl., an entity controlled by the Permira Fund VII, has agreed to sell 136,875,162 shares (the "Share Sale") to the Offeror against consideration in newly issued shares in the Offeror's indirect parent company.

Astinlux Finco Sàrl. is a close associate of primary insider Dipan Patel, member of the board of directors of the Company.

The acceptance period under the Offer has expired and the Offeror has today announced that the closing conditions relating to minimum acceptance and regulatory approvals have been fulfilled and that settlement of the Offer is estimated to take place on 29 May 2024. Completion of the Share Sale pursuant to the transaction completion agreement will take place on the same day.

Required notification is attached to this stock exchange announcement.

This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.