As part of the Employee Share Saving Plan, primary insiders in Schibsted ASA have on 11 November 2021 purchased 300 treasury B-shares at a price of NOK 394.40 per B-share (the price is set according to standard procedure for the program during a two day period subsequent to the release of Schibsted’s Q3 2021 report, the closing price on 28 October 2021). The transaction is related to the third enrollment window in the Employee Share Saving Plan for 2021 which closed in June 2021, and based on savings made during July, August and September 2021.
In addition, primary insiders in Schibsted ASA received 111 treasury B-shares on 11 November 2021. The transaction is related to bonus matching shares given to employees who enrolled in the Employee Share Saving Plan for 2019.
For more information on the employee share saving plan please refer to the disclosure published 09 April 2014.
Please see the attached form(s) for notification and public disclosure of transactions.
Oslo, 11 November 2021
This notification has been submitted pursuant to article 19 of the Market Abuse Regulation.
- Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835, firstname.lastname@example.org
- Malin Langtvet, Investor Relations Officer, +47 916 86 710, email@example.com
Schibsted is a family of digital brands with a strong Nordic position, and more than 5,000 employees. Millions of people enjoy interacting with our companies every day through our online marketplaces such as FINN, Blocket and Oikotie; our media houses including Aftenposten, VG and Aftonbladet; and digital services like Lendo. We also help new promising businesses grow. Our joint mission of empowering people in their daily lives is rooted in the values of our media heritage and a legacy of bold change. At our best, we are a fearless force for change in a society built on trust and transparency.
Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.