Adevinta - M&A Activity 2023 | FinancialReports.eu

Adevinta ASA - Comment on press speculation

Oslo, 21 September 2023 - Adevinta ASA ("Adevinta" or the "Company") notes the

recent press speculation. Adevinta confirms that it has received a non-binding

indicative proposal from a consortium led by Permira and Blackstone regarding a

potential offer for all shares of the Company. eBay and Schibsted, who have

expressed their support for the proposal, would retain part of their current

shareholding in the Company.

The discussions are at an early stage and there can be no certainty as to

whether a final offer will be made, nor as to the terms of any offer.

Shareholders are advised to refrain from taking any action in respect of their

shares in the Company which may be prejudicial to their interests, and to

exercise caution when dealing in the shares of the Company.

A further announcement will be made as and when appropriate in compliance with

applicable laws and regulations.

This information is considered to include inside information pursuant to the EU

Market Abuse Regulation article 7 and is subject to the disclosure requirements

pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock

exchange announcement was published by Anne-Sophie Jugean, at the date and time

as set out above.

-end-

Contact information:

IR contacts

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

Media contact

Edelman Smithfield

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