Vend Marketplaces ASA - M&A Activity 2023

Schibsted ASA (SCHA/SCHB) - Press speculation and statement by Adevinta

21.9.2023 23:36:58 CEST | Schibsted | Inside information

With reference to the statement made today by Adevinta, Schibsted confirms its

involvement with a consortium of financial investors regarding a potential offer

for all shares of Adevinta.

The current discussions are in line with the alternative options for Schibsted's

ownership in Adevinta which have been previously communicated to the financial

markets.

The discussions are at an early stage and there is no certainty that an offer

will be made nor as to the terms of any offer.

Any further announcement will be made as and when appropriate in accordance with

applicable laws and regulations.

Oslo, 21 September 2023

SCHIBSTED ASA

DISCLOSURE REGULATION

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 Jann-Boje Meinecke, at the date and time

as set out above.

CONTACTS

* Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835,

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/2639/3678/Download%20announcement

%20as%20PDF.pdf

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