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

13 Mar 2023 16:45 CET

Oslo, 13 March 2023 - Employees of Adevinta ASA have on the 6th of March 2023
received a total of 17,087 gross Adevinta treasury shares. After withholding
tax, a total of 10,353 shares were sold at a price of 78.58252 NOK per share to
cover tax responsibilities and the net number of shares to be transferred to the
employees will be 6,734 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 for Q4
of 2020.

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.

-End-



IR contact
Marie de Scobiac
Head of Investor Relations
ir@adevinta.com (mailto:ir@adevinta.com)

Anne-Sophie Jugean
Investor Relations Manager
+33 6 74 19 22 81
ir@adevinta.com


(mailto:ir@adevinta.com)About Adevinta
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. Leading
brands include top-ranked leboncoin in France, Germany's leading classifieds
sites mobile.de and eBay Kleinanzeigen, Marktplaats in the Netherlands, fotocasa
and InfoJobs in Spain, Subito in Italy, and 50% of fast-growing OLX Brasil.
Adevinta employs around 8,100 people, including 3,000 (approx) working in
product and technology teams, committed to supporting users and customers daily.
Find out more at Adevinta.com (https://www.adevinta.com/).

More information:
Access the news on Oslo Bors NewsWeb site

585104_2023 03 13 - Template for notification of PDMR - ESPP bonus matching.pdf
585104_2023 03 13 - Attachment to Mandatory notification of trade - ESPP bonus matching release.pdf