Adevinta ASA (ADE) - Mandatory notification of trade – Legacy Equity Award program
Oslo, 8th April 2024: Adevinta is, during the coming days, transferring a net amount of 75,188 own shares to employees in connection with its Legacy Equity Plan. 78,158 own shares were sold through a broker in the open market at an average price of NOK 113.50342 on the 5th April 2024 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 can be found attached to this announcement.
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IR contacts
Marie de Scorbiac
VP Investor Relations & Corporate Affairs
+33 6 14 65 77 40
Anne-Sophie Jugean
Investor Relations Senior Manager
+33 6 74 19 22 81
[email protected]
About Adevinta
Adevinta is a leading online classifieds group and champion for sustainable commerce with a focus on Europe.
Our portfolio of 25+ digital marketplaces spans consumer goods, mobility, real estate, holiday rentals and jobs. Every month, our industry-leading technology enables more than 120 million people and over a million businesses across Europe to connect and trade. Loved local brands include leboncoin in France; mobile.de and Kleinanzeigen in Germany; Fotocasa and InfoJobs in Spain, Subito in Italy; Marktplaats in the Netherlands and the Canadian marketplace Kijiji.
Our international team of diverse individuals are united in their purpose to make a positive impact on the environment, the economy and society every single day.
To find out more, visit Adevinta.com
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Attachments
- 2024 04 08 - Attachment to Mandatory notification of trade - LEP Award
- 2024 04 08 - Template for notification of transactions by PDMR - LEP Award
