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
|Buggeland, Svein Arne||157|
|Møller, Jacob Andreas||1,480|
|Mørland, Karine Mortvedt||284|
|Ryssdal, Rolv Erik||30,417|
|Schilvold Sørensen, Stian||101|
|Steigedal, Jo Christian||899|
|von der Fehr, Anne Lise Mørch||220|
*) 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
Jo Christian Steigedal
VP Investor Relations