Adevinta ASA (ADE) - Repurchase of shares, second tranche of buy-back programme completed

Adevinta ASA (ADE) - Repurchase of shares, second tranche of buy-back programme completed

29 Jun 2022 08:00 CEST

Oslo, 29 June 2022 - Please see below information about transactions made under
the buy-back programme for Adevinta ASA. Following the announced duration of the
buy-back programme, the second tranche is completed, with a total of 4,221,244
shares bought back.

Date on which the second tranche buy-back programme was announced: 6 April 2022

The duration of the second tranche buy-back programme: no longer than 28 June
2022

Size of the second tranche buy-back programme: up to 6,000,000 shares

From 22 June 2022 until 28 June 2022, Adevinta ASA has purchased a total of
420,198 own shares at the Oslo Stock Exchange at an average price of NOK 73.05
per share.

Aggregated overview of transactions per day:

+-----------------------+------------------+-----------------+-----------------+
| |Aggregated volume |Weighted average |Total transaction|
| Date |(number of shares)|share price (NOK)| value (NOK) |
+-----------------------+------------------+-----------------+-----------------+
|22 Jun 2022 | 86,155 | 70.294 | 6,056,180 |
+-----------------------+------------------+-----------------+-----------------+
|23 Jun 2022 | 85,404 | 70.3292 | 6,006,395 |
+-----------------------+------------------+-----------------+-----------------+
|24 Jun 2022 | 83,595 | 73.7261 | 6,163,133 |
+-----------------------+------------------+-----------------+-----------------+
|27 Jun 2022 | 83,249 | 76.8222 | 6,395,371 |
+-----------------------+------------------+-----------------+-----------------+
|28 Jun 2022 | 81,795 | 74.2707 | 6,074,972 |
+-----------------------+------------------+-----------------+-----------------+
|Previously disclosed | | | |
|buybacks | | | |
|under the 2nd tranche | | | |
|programme (accumulated)| 3,801,046 | 69.3239 | 263,503,216 |
+-----------------------+------------------+-----------------+-----------------+
|Total buybacks under | | | |
|the 2nd tranche | | | |
|programme | 4,221,244 | 69.6949 | 294,199,268 |
+-----------------------+------------------+-----------------+-----------------+

The issuer's holding of own shares:

Following the completion of the above transactions, Adevinta ASA owns a total of
8,283,307 own shares, corresponding to 0.68% of Adevinta ASA's share capital.

Appendix:

An overview of all transactions made under the second tranche of the buy-back
programme that have been carried out during the above-mentioned time period is
attached to this report and available at www.newsweb.no and www.adevinta.com/ir
(http://www.adevinta.com/ir).

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

566018_20220628 - Appendix Second Tranche ADE Buy Back.pdf

Source

Adevinta ASA

Provider

Oslo Børs Newspoint