Reference is made to the ongoing rights issue in Adevinta ASA ("Adevinta").
Adevinta's majority shareholder with 59.3% of the shares Schibsted ASA has, on
5 November 2019, subscribed for 2 470 398 new shares based on subscription
rights granted in the rights issue. Following which, Schibsted owns 54
subscription rights and upon issuance of the new shares, it will own a total
number of 406 050 523 ordinary shares in Adevinta. All shares are subscribed at
par value, NOK 0.20 for each share.
This information is subject to disclosure requirements pursuant to section 4-2
of the Norwegian Securities Trading Act.
Oslo, 6 November 2019SCHIBSTED ASA
IMPORTANT NOTICE TO U.S. SHAREHOLDERS
The share collapse and rights issue described in this document involve
securities of a foreign company. The share collapse and rights issue are subject
to disclosure requirements of a foreign country that are different from those of
the United States.
It may be difficult for you to enforce your rights and any claim you may have
arising under the federal securities laws, since the Company is located in a
foreign country, and some or all of its officers and directors may be residents
of a foreign country. You may not be able to sue a foreign company or its
officers or directors in a foreign court for violations of the U.S. securities
laws. It may be difficult to compel a foreign company and its affiliates to
subject themselves to a U.S. court's judgment.
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© Oslo Bors ASA, source Oslo Stock Exchange