Yahoo Finance Adevinta ASA (ADE) - Mandatory notification of trade – Employee Share Purchase Plan
Oslo, 19 October 2021
Employees of Adevinta ASA have on the 15 of October 2021 purchased 22,891 Adevinta shares through a broker on the Oslo Stock Exchange as part of Adevinta’s employee share purchase plan at an average share price of NOK 146.0339 NOK 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 2021 which closed in June 2021, and based on savings made during July, August and September 2021.
Shares purchased by 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.
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 two bonus shares for every share bought during the first two quarterly enrolments in 2019. Thereafter, one bonus share for every share bought in connection with this offer. For more information on the employee share saving plan please refer to the disclosure published 17 June 2019.
-End-
IR contact
Marie de Scobiac
Head of Investor Relations
ir@adevinta.com
Anne-Sophie Jugean
Investor Relations Manager
+33 6 74 19 22 81
ir@adevinta.com
***
This notification has been submitted pursuant to article 19 of the Market Abuse Regulation.
Attachments
