Schibsted Media Group has on 12 November 2015 sold 14,204 treasury A-shares to participants in the Employee Share Saving Plan at a price of NOK 293.50 per A-share (the closing price 9 November 2015). The shares will be transferred to the participants in the coming days. The transaction is in relation to the third enrolment window in the Employee Share Saving Plan for 2015.
Shares sold and transferred to primary insider employees are disclosed in the attachment.
For more information on the employee share saving plan please refer to the disclosure published 9 April 2014.
Schibsted Media Group has granted 3,799 A-shares to participants in the Group’s performance based share purchase program for employees in Schibsted Classified Media. The allotments are adjustments of the termination of the 2013 and 2014 program as described in the announcement 02.09.2015. Of these shares, primary insider Pierre-François Marteau has been granted 3,568 A shares. After the transactions, Marteau holds 7,760 A-shares and 536 B-shares in Schibsted ASA.
For further details of the performance based share purchase program, please refer to the declaration on management remuneration in the Group’s annual reports.
After the above transactions, Schibsted ASA holds 314,079 treasury A-shares and 565,204 treasury B-shares.
Oslo, 12 November 2015
Jo Christian Steigedal
Head of IR