Oslo, 9th January 2024: Adevinta is, during the coming days, transferring a net amount of 1,216,726 own shares to employees in connection with various equity plans. 1,227,693 own shares were sold through a broker in the open market at an average price of NOK 112.11692 on the 4th January 2024 to cover the participant’s tax liabilities in relation to the incentive program.
The share transfer is a settlement of the Restricted Stock Unit (RSU) 2023 program, which was introduced in 2023, the Merger Award 2021, the last tranche of the Deferred AVI 2021 and first tranche of the Deferred AVI 2022, the last tranche of the Performance Share Plan 2019 Executives and the Transition Bonus Award. Further information on this equity reward scheme can be found in the 2022 Annual Report.
Shares transferred to employees who are primary insiders are disclosed in an attachment to this release and the notifications of the transaction are also attached to this press release in accordance with MAR regulation.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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Marie de Scobiac
Head of Investor Relations
Investor Relations Manager
+33 6 74 19 22 81
Adevinta is a leading online classifieds group and champion for sustainable commerce with a focus on Europe.
Our portfolio of 25+ digital marketplaces spans consumer goods, mobility, real estate, holiday rentals and jobs. Every month, our industry-leading technology enables more than 120 million people and over a million businesses across Europe to connect and trade. Loved local brands include leboncoin in France; mobile.de and Kleinanzeigen in Germany; Fotocasa and InfoJobs in Spain, Subito in Italy; Marktplaats in the Netherlands and the Canadian marketplace Kijiji.
Our international team of diverse individuals are united in their purpose to make a positive impact on the environment, the economy and society every single day.
To find out more, visit Adevinta.com
- 2024 01 09 - Attachment to Mandatory notification of trade - Award programs
- 2024 01 09 - Template for notification of transactions by PDMR KRT-1500