As part of the Employee Share Saving Plan, primary insiders in Schibsted ASA have on 2 March 2023 purchased 539 treasury B-shares at a price of NOK 211.80 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 Q4 2022 results, the closing price on 13 February 2023). The transaction is related to the fourth enrollment window in the Employee Share Saving Plan for 2022 which closed in September 2022, and based on savings made during October, November and December 2022.
In addition, primary insiders in Schibsted ASA received 307 treasury B-shares on 2 March 2023. 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, 2 March 2023
This information is subject to the disclosure requirements in article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
- Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835, email@example.com
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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.