Schibsted Media Group has granted 58,830 B-shares to key employees as part of the Key Contributor Plan under the Long Term Incentive program for 2015 (LTI KCP 2015) and the Long Term Incentive program for 2016 (LTI KCP 2016).
In LTI KCP, each participant is granted a share award based on a fixed percent of the participant’s base salary. The share award vests at a rate of 1/3 over a three-year period, starting the year after the grant.
Please find attached overview of the number of shares granted to primary insiders, including their total holding of shares after this allotment.
After this, Schibsted ASA holds 351,960 treasury B-shares.
Oslo, 31 March 2017