Oslo, 3rd April 2023: Adevinta is, during the coming days, transferring a net amount of 155,843 own shares to employees in connection with its Legacy Equity Plan. 159,066 own shares were sold through a broker in the open market at an average price of NOK 72.98475 on the 31st March 2023 to cover the participant’s tax liabilities in relation to the incentive program.
The share transfer is a settlement of the Legacy Equity Award program of Adevinta ASA created upon the acquisition of eBay Classifieds Group, to convert its employee’s unvested equity under eCG into Adevinta ASA shares.
The list of primary insiders involved in this release is attached.
- End -
Marie de Scobiac
Head of Investor Relations
Investor Relations Manager
+33 6 74 19 22 81
Adevinta is a leading online classifieds specialist, operating digital marketplaces in 11 countries. The company provides technology-based services to connect buyers with sellers and to facilitate transactions, from real estate to motors, and consumer goods.
Adevinta’s portfolio spans more than 25 digital brands, covering one billion people and attracting approximately 2.5 billion average monthly visits. Leading brands include top-ranked leboncoin in France, Germany's leading classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the Netherlands, fotocasa and InfoJobs in Spain, Subito in Italy, and 50% of fast-growing OLX Brasil. Adevinta employs around 8,100 people, including 3,000 (approx) working in product and technology teams, committed to supporting users and customers daily. Find out more at Adevinta.com.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
- 2022 04 03 - Attachment to Mandatory notification of trade - LEP Award
- 2023 04 03 - Template for notification of transactions by PDMR KRT-1500 - LEP award