Schibsted ASA has granted 44,951 B-shares to key employees in connection with long-term incentive plans. The shares will be transferred to the employees during the coming days.
The transfers are primarily related to the third and last allotment of the 5-year Senior Executive Plan 2016 (SEP 2016) and the 3-year Long Term Incentive Plan 2018 (LTIP 2018).
For more information on the long-term incentive plans, see Schibsted ASA’s annual report 2019 under the section “The Board of Directors’ Statement of Executive Compensation”.
Please find attached overview of the number of shares granted to primary insiders, including their total holding of shares.
Reference is made to the release published today regarding the Employee Share Saving Plan. After the transactions described in both these releases, Schibsted ASA holds 325,235 treasury B-shares (0 treasury A-shares).
Oslo, 24 February 2021
SCHIBSTED ASA
Disclaimer
This information is subject to the disclosure requirements pursuant to Section 5-12 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