Press speculation and statement by Adevinta

Schibsted ASA (SCHA/SCHB) , Published 21/09/2023 21:36:58

With reference to the statement made today by Adevinta, Schibsted confirms its involvement with a consortium of financial investors regarding a potential offer for all shares of Adevinta.

The current discussions are in line with the alternative options for Schibsted’s ownership in Adevinta which have been previously communicated to the financial markets.

The discussions are at an early stage and there is no certainty that an offer will be made nor as to the terms of any offer.

Any further announcement will be made as and when appropriate in accordance with applicable laws and regulations.

Oslo, 21 September 2023
SCHIBSTED ASA

Disclosure regulation

This information is considered to include inside information pursuant to the EU Market Abuse Regulation article 7 and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Jann-Boje Meinecke, at the date and time as set out above.

Contacts

  • Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835, jbm@schibsted.com

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