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Adevinta — Director's Dealing 2024
Jan 18, 2024
3520_dirs_2024-01-18_e12c2bf0-6dbc-4ee4-9fc0-e0dc812f1b01.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, 18 January 2024 - Employees of Adevinta ASA have on the 16 of January
2024 purchased 51,062 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 112.55 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 2023, and based on
savings made during October, November and December 2023.
The transactions included primary insiders in Adevinta ASA. The notifications of
the transaction are attached to this press release in accordance with MAR
regulation.
In addition, employees of Adevinta ASA have on the 16th of January 2024 received
a total of 25,953 gross Adevinta treasury shares. After withholding tax, a total
of 13,498 shares were sold at a price of 112.40 NOK per share to cover tax
responsibilities and the net number of shares to be transferred to the employees
will be 12,455 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 Hybrid Employee Share Plan (HASPP). No primary
insiders were involved in this release.
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.
For further information, please contact:
IR contact
Marie de Scorbiac
VP Investor Relations & Corporate Affairs
+33 6 14 65 77 40
Anne-Sophie Jugean
Investor Relations Senior Manager
+33 6 74 19 22 81
(https://connect-eu.notified.com/Tracker?data=vJrCg_uqn69TALRqvc6wy3GuS7YkOD-
Olp7hQ2KjWRhGeZ913Cb_NHP18XFG5kwaF2ApzDqFu9cvIGmAxkaDp2h56YRupelVovOZIfbUBFg=000
292059534)This information has been submitted in accordance with the Market
Abuse Regulation article 19 and the Norwegian Securities Trading Act Section
5?12.