Adevinta ASA

04/24/2024 | Press release | Distributed by Public on 04/24/2024 10:20

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

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

24 Apr 2024 18:15 CEST

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Issuer

Adevinta ASA

Oslo, 24 April 2024 - Employees of Adevinta ASA have on the 22th of April 2024
received a total of 33,454 gross Adevinta treasury shares. After withholding
tax, a total of 17,270 shares were sold at a price of 113.801742 NOK per share
to cover tax responsibilities and the net number of shares to be transferred to
the employees will be 16,184 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 (ASPP)
for Q1 of 2022.

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
Anne-Sophie Jugean
Senior Investor Relations Manager
[email protected]

(mailto:[email protected])About Adevinta
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.

To find out more, visit Adevinta.com

More information:
Access the news on Oslo Bors NewsWeb site

616683_2024 04 24 - Attachment to Mandatory notification of trade - ESPP bonus matching release.pdf
616683_2024 04 24 - Template for notification by PDMR - ESPP bonus matching release.pdf

Source

Adevinta ASA

Provider

Oslo Børs Newspoint

Company Name

ADEVINTA

ISIN

NO0010844038

Symbol

ADE

Market

Oslo Børs