Share split and listing of B, Published 29/05/2015 07:00:00

Reference is made to the announcement of the Company dated 8 May 2015 regarding the approval of a share split and introduction of B-shares and the announcement dated 26 May 2015 that the board of directors of Oslo Børs ASA has resolved to admit the B-shares of Schibsted ASA to listing on Oslo Børs.

The board of directors of Schibsted ASA has on this background resolved to effectuate the general meeting’s resolution to carry out a share split and thereby create a new class of low voting B-shares. When the split becomes effective the entitled shareholders will receive one B-share for each share they own in Schibsted (which after the split is completed will be referred to as A-shares). The B-shares are ordinary, fully- paid shares carrying equal rights with the A-shares in all respects except that the B-shares are low-voting shares with only one vote per share while the A-shares have 10 votes per share.

The first day of listing of the B-shares will, as previously announced, be 1 June 2015. The listing prospectus is dated 28 May 2015 and will be made public before the opening of trading 1 June 2015. 

Today is the last day the Schibsted shares will trade inclusive of the right to receive B-shares.

As of 1 June 2015 the following will apply:

New face value: NOK 0.50

ISIN A-shares (no change): NO000308904

Ticker A-shares (change): SCHA (name: Schibsted ser.A)

ISIN B-shares: NO0010736879

Ticker B-shares: SCHB (name: Schibsted ser.B)

Important information: It should be noted that for technical reasons the share split will be completed in the settlement system of VPS as a demerger.

Contact person:
Trond Berger, CFO. Tel: +47 916 86 695
Anders Christian Rønning, IRO. Tel: +47 916 05 660

Oslo, 29 May 2015

Anders Christian Rønning
Investor Relations Officer

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