AI assistant
Adevinta — Share Issue/Capital Change 2019
Nov 8, 2019
3520_rns_2019-11-08_0bbbd393-c04e-499d-bb7f-abf9e80f875f.html
Share Issue/Capital Change
Open in viewerOpens in your device viewer
Adevinta ASA (ADE) - Last day of trading in subscription rights
Adevinta ASA (ADE) - Last day of trading in subscription rights
Adevinta ASA - Last day of trading in subscription rights
Oslo, 8 November 2019
Reference is made to the previous stock exchange announcement on 29 October
2019 and the ongoing rights issue in Adevinta ASA (the "Company").
The period for trading in subscription rights (ticker code "ADE T") in the
rights issue expires today, 8 November 2019, at 16:30 hours (CET).
The subscription period for the rights issue will expire 12 November 2019, at
16:30 hours (CET).
Subscription rights that are not used to subscribe for new shares in the rights
issue before the expiry of the subscription period (at 16:30 hours (CET) on 12
November 2019) or sold before 16:30 hours (CET) today, 8 November 2019, will
automatically lapse.
Please note that shares that have not been subscribed for during the
subscription period, will be subscribed by the underwriter, SEB, who will sell
these shares in the market and distribute the net proceeds to holders of
subscription rights at the end of the subscription period on a pro-rata basis.
Distribution to any such holder of subscription rights is contingent on the
amount exceeding NOK 50.
For more information, please refer to the subscription document for the rights
issue dated 29 October 2019.
This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.
About Adevinta:
Adevinta ASA is the biggest marketplace specialist in Europe. We help our local
digital marketplaces thrive through global connections and networks of
knowledge. Our marketplaces unlock the full value in every person, place and
thing - helping local communities prosper and leaving a positive footprint on
the world.
For more information on Adevinta ASA please visit:
www.adevinta.com/ (http://www.adevinta.com/)
For further information, please contact:
Jo Christian Steigedal
Investor Relations
E-mail: [email protected]
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.