Adevinta welcomes new investors

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Now that shareholders have received their shares, Adevinta CEO Rolv Erik Ryssdal welcomes investors – old and new – as shareholders of Adevinta.

“As a pure player in international marketplaces, we offer investors a different and higher growth investment proposition with the potential to continue consolidating the market,” commented Ryssdal. “We feel we now have a good mix of top quality institutional and retail investors in the free float, allowing sufficient liquidity balanced with committed longer-term owners of our stock.”

More than 70 guests attended Adevinta’s listing ceremony at the Oslo Børs on 10 April, including representatives from the advisers involved in the demerger and listing, as well as senior management and board members of both Adevinta and Schibsted.