Schibsted Media Group has granted 86,210 B-shares to key employees in connection with the long-term incentive programs at a price of NOK 196.60 per B-share (the closing price 21 March 2018).
The transaction is mainly related to the second transfer of the 5-year Senior Executive Plan 2015 for the Senior Executive Team (LTI-SEP 2015) and the Key Contributor Plan under the Long Term Incentive programs for 2015, 2016 and 2017 (LTI-KCP).
Please find attached overview of the number of shares granted to primary insiders, including their total holding of shares after the transfer.
For more information on the long term incentive programs please refer to the Statement of Executive Compensation in the Annual Report.
After the transfer, Schibsted ASA holds 254,910 treasury A-shares and 111,979 treasury B-shares.
Oslo, 27 March 2017
SCHIBSTED ASA
Espen Risholm
IRO