Employee share offering

Mandatory notification of trade , Published 10/12/2013 10:30:00

The employees of Schibsted Media group have this year, as in previous years, been offered to buy shares in Schibsted ASA for up to NOK 6,000 at a discounted price. The price was equal to the closing price on 4 December 2013 minus a 20 percent discount. This gives a price of NOK 311.44 per share and implies an acquisition of 19 shares. The subscription deadline was 4 December 2013. The following primary insiders have signed up for this offer:

Name/new number of shares incl. close affiliates

Berger, Trond                                        15,843
Buggeland, Svein Arne                                             157
Eilertsen, Frode                                          1,295
Jarlsby, Camilla                                        10,006
Lia, Morten                                              52
Møller, Jacob Andreas                                          1,480
Mørland, Karine Mortvedt                                             284
Nilsen, Britt                                             388
Pedersen, Torry                                        10,111
Rikter, Anders                                             104
Ryssdal, Rolv Erik 30,417
Schilvold Sørensen, Stian                                             101
Seljeseth, Terje*                                        13,124
Steigedal, Jo Christian                                             899
Thorenfeldt, Catharina                                             890
von der Fehr, Anne Lise Mørch 220
Vonen, Mari                                              19
Wismer, Jonas                                              52

*) Shares acquired by close affiliate to Terje Seljeseth.

The shares will be transferred to the individuals within the next few days.

The employee share offering implies that Schibsted ASA has sold 11,818 shares at NOK 311.44 per share to employees. After the transaction, Schibsted ASA holds 654,717 own shares.

Oslo, 10 December 2013
SCHIBSTED ASA

Jo Christian Steigedal
VP Investor Relations

 

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