Adevinta — Share Issue/Capital Change 2019

Nov 12, 2019

Adevinta ASA - Preliminary result of the rights issue

Adevinta ASA - Preliminary result of the rights issue

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

Oslo, 12 November 2019

The subscription period for the rights issue offering up to 3,800,613 new shares

("Rights Issue") in Adevinta ASA (the "Company") expired today on 12 November

2019, at 16:30 hours (CET).

Preliminary counting indicates that the Company has received subscriptions for

approximately [3,742,266] new shares.

Allocation of the new shares will take place tomorrow in accordance with

subscription rights validly exercised to subscribe for new shares during the

subscription period. Except for allocation of shares to SEB as underwriter (as

described below), no allocation will be made to subscribers without subscription

rights and over-subscription was not permitted.

Notifications of allocated new shares and the corresponding subscription amount

to be paid by each subscriber are expected to be distributed during the course

of tomorrow. The payment date for the new shares is 18 November 2019.

The new shares may not be transferred or traded before they have been fully paid

and the share capital increase pertaining to the rights issue has been

registered in the Norwegian Register of Business Enterprises. It is expected

that the share capital increase will be registered in the Norwegian Register of

Business Enterprises on or about 21 November 2019.

The New Shares will be transferred to the subscribers' VPS accounts on or about

22 November 2019 and admitted to trading on the Oslo Stock Exchange on or about

the same date.

Based on the preliminary count, approximately [58,347] new shares were not

subscribed during the subscription period. Any remaining shares will be

subscribed by the underwriter, Skandinaviska Enskilda Banken AB (publ), Oslo

branch ("SEB"), who will sell these new shares in the market and distribute the

net proceeds from such sale to holders of subscription rights on a pro rata

basis according to the number of subscription rights held upon expiry of the

subscription period. There will be no payment of amounts under NOK 50 to a

single holder of subscription rights.

This information is subject to disclosure requirements pursuant to section 5-12

of the Norwegian Securities Trading Act.

IMPORTANT NOTICE TO U.S. SHAREHOLDERS

The share collapse and rights issue described in this document involve

securities of a foreign company. The share collapse and rights issue are subject

to disclosure requirements of a foreign country that are different from those of

the United States.

It may be difficult for you to enforce your rights and any claim you may have

arising under the federal securities laws, since the Company is located in a

foreign country, and some or all of its officers and directors may be residents

of a foreign country. You may not be able to sue a foreign company or its

officers or directors in a foreign court for violations of the U.S. securities

laws. It may be difficult to compel a foreign company and its affiliates to

subject themselves to a U.S. court's judgment.