Schibsted ASA - Termination of TRS agreement in Adevinta ASA

29 May 2024 12:19 CEST

As a result of the completion of Aurelia Bidco AS' voluntary offer for Adevinta
ASA (“Adevinta”) today, Schibsted ASA's total return swap ("TRS") agreement with
Danske Bank A/S ("Danske") with financial exposure to 36,748,289 shares in
Adevinta has been terminated. The termination price of the TRS agreement is NOK
115 per share giving Schibsted ASA a positive cash effect of approx. NOK 118
million less interest payments and closing charges.


Oslo, 29 May 2024
Schibsted ASA

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

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620018_20240529_TRS termination KRT-1500.pdf