The employees of the 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 November 14th 2011 minus a 20% discount. This gives a price of NOK 113.36 per share and implies an acquisition of 52 shares. The subscription deadline was 14 November 2011. The following primary insiders have signed up for this offer:
Name/new number of shares incl. close affiliates
|Grünthal, Raoul||2 443|
|Hagebakken, Liv Monica||700|
|Johansen, Frank Johan||312|
|Odinsen, Hege Lyngved||469|
|Ryssdal, Rolv Erik||14,263|
|Rønning, Anders Christian||101|
|Stav, Stine Halla||101|
|Steigedal, Jo Christian||847|
|von der Fehr, Anne Lise Mørch||201|
The shares will be transferred to the individuals within the next few days.
The employee share offering implies that Schibsted ASA has sold 36,608 shares at NOK 113.36 per share to employees. After the transaction, Schibsted ASA holds 1,061,958 own shares.
Oslo, 23 November 2011