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Adevinta — Share Issue/Capital Change 2019
Oct 31, 2019
3520_dirs_2019-10-31_fca467ec-3e1d-4f1a-b2f3-7a77b7b41d34.html
Share Issue/Capital Change
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Adevinta ASA - Subscription by primary insider in the Rights Issue
Adevinta ASA - Subscription by primary insider in the Rights Issue
Oslo, 31 October 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 Company's Chair, Orla Noonan has on 30 October 2019, through her close
associate Knightly Investments, subscribed for 30 new shares based on
subscription rights granted to her in the rights issue. The shares were
subscribed at a subscription price of NOK 0.20. Following which, Orla Noonan
owns 70 subscription rights and upon issuance of the new shares, she will own a
total number of 5,030 ordinary shares in the Company.
This information is subject to disclosure requirements pursuant to section 4-2
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.