Schibsted Media Group has allotted shares to participants in the Group’s performance based share purchase program for employees in Schibsted Classified Media. The allotments are related to an accelerated termination of the 2013 program and a one-off allotment as a substitution of the 2014 program. As of 2015, the performance based share purchase program has been replaced by a new long term incentive program.
Please find attached overview of the number of shares allotted to primary insiders, as well as their total holding of shares after this allotment.
Schibsted Media Group has granted restricted share awards to Rian Liebenberg through the Senior Executive Plan under the Long Term Incentive program for 2015 (LTI 2015). Liebenberg was granted 1,633 A-shares. After the transaction, Liebenberg holds 1,633 A-shares and no B-shares in Schibsted ASA. Please refer to Schibsted’s regulatory release on 29 June 2015 for further details about the program.
The transfer of the shares is done in the coming days, and implies that Schibsted ASA transfers 121,668 treasury A-shares to employees of the Group. After this, Schibsted ASA holds 332,082 treasury A-shares and 565,204 treasury B-shares.
For further details of the performance based share purchase program, please refer to the declaration on management remuneration in the Group’s annual reports.
Oslo, 2 September 2015
SCHIBSTED ASA
Jo Christian Steigedal
Head of Investor Relations