We refer to former communication in release dated 20 April regarding Schibsted’s new performance based share acquisition programme. The participants in the share acquisition programme are obliged to acquire Schibsted shares for a defined Base amount. This is conducted by Schibsted transferring shares from treasury to the participants.
The implementation, which will be during the next few days, implies that Schibsted ASA will transfer 31,169 own shares to Schibsted Group employees participating in the programme. After the transaction Schibsted holds 4,668,972 own shares, of which 4,629,472 are held by Schibsted ASA, and 39,500 are held through the subsidiary Bergens Tidende AS.
Oslo, 13 August 2010
Jo Christian Steigedal
VP Investor Relations