Schibsted Media Group has allotted shares to participants in connection with the final outcome in one of the Group’s performance based share purchase program for 2012.
The transfer of the shares is done in the coming days, and implies that Schibsted ASA transfers 57,725 treasury B-shares to employees of the Group. After this, Schibsted ASA holds 314,079 treasury A-shares and 507,479 treasury B-shares.
For further details of Schibsted’s performance based share purchase program, please refer to the declaration on management remuneration in the Group’s annual report 2012.
Primary insider Antoine Jouteau was allotted 1,504 B-shares in the program. After the transaction, Jouteau holds 2,582 A-shares and 1,793 B-shares in Schibsted ASA.
Primary insider Gianpaolo Santorsola was allotted 6,433 B-shares in the program. Santorsola subsequently sold 8,000 A-shares at an average price of NOK 235.8027 per share and 7,850 B-shares at an average price of NOK 225.1264 per share today. After the transactions, Santorsola holds 347 A-shares and 9 B-shares in Schibsted ASA.
Oslo, 19 February 2016
Anders Christian Rønning