Adevinta ASA (ADE) - Mandatory notification of trade – Employee Share Purchase Plan

Oslo, 25 January 2024 - Employees of Adevinta ASA have on the 22th of January 2024 received a total of 25,349 gross Adevinta treasury shares. After withholding tax, a total of 13,294 shares were sold at a price of 112.505472 NOK per share to cover tax responsibilities and the net number of shares to be transferred to the employees will be 12,055 shares. The net shares will be transferred to the participants in the coming days. This transaction is related to bonus matching shares given to employees who enrolled in the Employee Share Saving Plan (ASPP) for Q4 of 2021.

Part of the transaction included primary insiders in Adevinta ASA. The notifications of the transaction are attached to this press release in accordance with MAR regulation.

The purpose of Adevinta’s employee share purchase plan is to motivate and retain employees as well as to increase the interest in Adevinta’s result and performance through owning Adevinta shares. After two years of ownership, the company will allocate one bonus share for every share bought in connection with this offer. For more information on the Adevinta employee share saving plan please refer to the disclosure published 17 June 2019. 

This information has been submitted in accordance with the Market Abuse Regulation article 19 and the Norwegian Securities Trading Act Section 5‑12.

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IR contact

Marie de Scobiac
Head of Investor Relations
Anne-Sophie Jugean
Senior Investor Relations Manager
[e-mail]

Attachments

• 2024 01 25 - Template for notification of transactions by PDMR - ESPP bonus matching
• 2024 01 25 - Attachment to Mandatory notification of trade - ESPP bonus matching release