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Adevinta Remuneration Information 2021

Apr 14, 2021

3520_rns_2021-04-14_2c54c708-08f6-4748-a4dd-c73c2db2b200.html

Remuneration Information

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Adevinta ASA (ADE) - Mandatory notification of trade - Transition Award Vest and Release

Adevinta ASA (ADE) - Mandatory notification of trade - Transition Award Vest and Release

Oslo, 14 April 2021: Adevinta ASA will during the coming days transfer a net

amount of 103,502 own shares to employees in connection with the share based

Incentive Plans, specifically the Transition Award related to the demerger from

Schibsted ASA in 2019. In addition, 73,113 of its own shares were sold through a

broker in the open market at an average price of NOK 129,27676  on the 12th and

13th of April 2021 to cover the participant's tax liabilities in relation to the

Incentive Programme.

The Transition Award has been established for the purpose of granting share

awards to employees of Adevinta ASA and its subsidiaries. The purpose of the

Plan was to align the interests of senior employees of the Group with those of

the Company's shareholders in connection with the demerger process from

Schibsted ASA. A further description is available in Adevinta's Annual Report

2021. (https://www.adevinta.com/ir/)

After the transactions, Adevinta holds 1,575,612 own shares.

Due to Adevinta ASA being in a "red period" ahead of its financial reporting for

the first quarter of 2021, the transfer of shares to primary insiders has been

postponed until after the release of the first quarter report.

- End -

Adevinta Investor Relations

Marie de Scorbiac

Head of Investor Relations

[email protected] (mailto:[email protected])

About Adevinta

Adevinta is a global 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 job offers to

real estate, cars, consumer goods and more. Adevinta's portfolio spans more than

30 digital products and websites, attracting 1.3 billion average monthly visits.

Leading brands include top-ranked leboncoin in France, InfoJobs and Milanuncios

in Spain, and 50% of fast-growing OLX Brazil. Adevinta spun off from Schibsted

ASA and publicly listed in Oslo, Norway in 2019. Adevinta is majority owned by

Schibsted ASA and employs 4,700 people committed to supporting users and

customers daily. Find out more at Adevinta.com (https://www.adevinta.com/).

?This is information that Adevinta ASA is obliged to make public pursuant to the

EU Market Abuse Regulation and subject to the disclosure requirements pursuant

to Section 5-12 the Norwegian Securities Trading Act. The information was

submitted for publication, through Newsweb and Globe Newswire by the contact

person set out above.

This is information that Adevinta ASA is obliged to make public pursuant to the

EU Market Abuse Regulation and subject to the disclosure requirements pursuant

to Section 5-12 the Norwegian Securities Trading Act. The information was

submitted for publication, through Newsweb and Globe Newswire by the contact

person set out above.