As part of the Employee Share Saving Plan, primary insiders in Schibsted ASA have on 15 November 2022 purchased 742 treasury B-shares at a price of NOK 154.30 per B-share (the price is set according to standard procedure for the programme during a two day period subsequent to the release of Schibsted’s Q3 2022 results, the closing price on 31 October 2022). The transaction is related to the third enrollment window in the Employee Share Saving Plan for 2022 which closed in June 2022, and based on savings made during July, August and September 2022.
In addition, primary insiders in Schibsted ASA received 265 treasury B-shares on 15 November 2022. The transaction is related to bonus matching shares given to employees who enrolled in the Employee Share Saving Plan for 2020.
For more information on the Employee Share Saving Plan please refer to the disclosure published 9 April 2014.
Please see the attached form(s) for notification and public disclosure of transactions.
Oslo, 15 November 2022
SCHIBSTED ASA
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835, jbm@schibsted.com
- Malin Langtvet, Investor Relations Officer, +47 916 86 710, ir@schibsted.com
About Schibsted
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.