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- Adevinta ASA (ADE) - Mandatory Notification of Trade - Legacy Equity Award Program
Adevinta ASA (ADE) - Mandatory notification of trade - Legacy Equity Award program
03 Apr 2023 19:30 CEST
Issuer
Adevinta ASA
Oslo, 3rd April 2023: Adevinta is, during the coming days, transferring a net
amount of 155,843 own shares to employees in connection with its Legacy Equity
Plan. 159,066 own shares were sold through a broker in the open market at an
average price of NOK 72.98475 on the 31st March 2023 to cover the participant's
tax liabilities in relation to the incentive program.
The share transfer is a settlement of the Legacy Equity Award program of
Adevinta ASA created upon the acquisition of eBay Classifieds Group, to convert
its employee's unvested equity under eCG into Adevinta ASA shares.
The list of primary insiders involved in this release is attached.
- 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/).
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act
More information:
Access the news on Oslo Bors NewsWeb site
587063_2023 04 03 - Template for notification of transactions by PDMR KRT-1500 - LEP award.pdf
587063_2022 04 03 - Attachment to Mandatory notification of trade - LEP Award.pdf
Source
Adevinta ASA
Provider
Oslo Børs Newspoint
Company Name
ADEVINTA
ISIN
NO0010844038
Symbol
ADE
Market
Oslo Børs