The employees of the Schibsted 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 23 November 2012 minus a 20% discount. This gives a price of NOK 180.08 per share and implies an acquisition of 33 shares. The subscription deadline was 23 November 2011. The following primary insiders have signed up for this offer:
Name/new number of shares incl. close affiliates
|Møller, Jacob Andreas||1,144|
|Ryssdal, Rolv Erik||17,793|
|Schilvold Sørensen, Stian||82|
|Steigedal, Jo Christian||880|
*) Terje Seljeseth and close affiliates have in total acquired 66 shares through the offering.
The shares will be transferred to the individuals within the next few days.
The employee share offering implies that Schibsted ASA has sold 19,800 shares at NOK 180.08 per share to employees. After the transaction, Schibsted ASA holds 963,658 own shares.
Oslo, 28 November 2011
Jo Christian Steigedal
VP Investor Relations