Oslo, 5th July 2023: Adevinta is, during the coming days, transferring a net amount of 351,526 own shares to employees in connection with its Restricted Stock Unit (RSU) Plan. 369,274 own shares were sold through a broker in the open market at an average price of NOK 69.117292 on the 4th July 2023 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) program of Adevinta ASA, which was introduced in 2023. 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 specialist, operating digital marketplaces in 11 countries. The company provides technology-based services to connect buyers with sellers and to facilitate transactions, from real estate to motors, and consumer goods.
Adevinta’s portfolio spans more than 25 digital brands, covering one billion people and attracting approximately 2.5 billion average monthly visits. Noted assets include top-ranked leboncoin in France, Germany's leading classifieds sites mobile.de and Kleinanzeigen, Marktplaats in the Netherlands, Fotocasa, Habitaclia and InfoJobs in Spain, Subito in Italy, and 50% of fast-growing OLX Brasil. Adevinta employs around 5,700 people, including some 3,000 working in product and technology teams, committed to supporting users and customers daily.
Adevinta is a sustainability leader within the Dow Jones Sustainability Index (DJSI) Europe.Find out more at Adevinta.com.
- 20230705 - Template for notification of transactions by PDMR - RSU Award
- 20230705 - Attachment to Mandatory notification of trade - RSU Award