Adevinta ASA (ADE) - Mandatory notification of trade – Employee Share Purchase Plan
Oslo, 18 October 2023 - Employees of Adevinta ASA have on the 16 of October 2023 purchased 52,081 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 108.49 per share. The shares will be transferred to the participants in the coming days. The transactions are related to the third enrollment window in the Adevinta Share Purchase Plan for 2023, and based on savings made during July, August and September 2023.
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.
Marie de Scobiac
Head of Investor Relations
Investor Relations Manager
Adevinta is a leading online classifieds group and champion of 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.
Adevinta is a sustainability leader within the Dow Jones Sustainability Index (DJSI) Europe.
To find out more, visit Adevinta.com
- 2023 10 18 - Attachment to Mandatory notification of trade - ESPP
- 20231018 - Template for notification of transactions by PDMR - ESPP
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