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

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

GlobeNewswire

Published

Oslo, 2nd May 2024 - Employees of Adevinta ASA have on the 30 of April 2024 purchased 82,975 Adevinta shares through a broker on the Oslo Stock Exchange as part of Adevinta’s employee share purchase plans at an average share price of NOK 113.46 per share. The shares will be transferred to the participants in the coming days. The transactions are related to the 1st enrollment window in the Adevinta Share Purchase Plan for 2024, and based on savings made during January, February and March 2024.

The transactions 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.

-End- 

IR contact
*Marie de Scobiac*
Head of Investor Relations

*Anne-Sophie Jugean*
Investor Relations Manager
ir@adevinta.com

*About Adevinta*
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

*Attachments*

· 2024 05 02 - Attachment to Mandatory notification of trade - ESPP
· 2024 05 02 - Template for notification by PDMR - ESPP

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