ADEVINTA ASA Oslo ,21 October 2022 - Employees ofAdevinta ASA have on the 20 ofOctober 2022 purchased 91,906Adevinta shares through a broker on theOslo Stock Exchange as part ofAdevinta's employee share purchase plans at an average share price ofNOK 70.8551 per share. The shares will be transferred to the participants in the coming days. The transactions are related to the third enrollment window in the Adevinta Share Purchase Plan for 2022 and the first enrollment window in the Hybrid Adevinta Share Purchase Plan for 2022 which closed inJune 2022 , and based on savings made during July, August andSeptember 2022 . Shares purchased by employees who are primary insiders are disclosed in an attachment to this release and the notifications of the transaction are also attached to this press release in accordance with MAR regulation. The purpose ofAdevinta's employee share purchase plan is to motivate and retain employees as well as to increase the interest inAdevinta's result and performance through owningAdevinta shares. After two years of ownership, the company will allocate one bonus share for every share bought in connection with this offer. For more information on the employee share saving plan please refer to the disclosure published17 June 2019 . -End- IR contactMarie de Scobiac Head of Investor Relations ir@adevinta.com (mailto:ir@adevinta.com) Anne-Sophie Jugean Investor Relations Manager +33 6 74 19 22 81 ir@adevinta.com (mailto:ir@adevinta.com)About AdevintaAdevinta is a leading online classifieds specialist, operating digital marketplaces in 12 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 three billion average monthly visits. Leading brands include top-ranked leboncoin inFrance ,Germany's leading classifieds sites mobile.de andeBay Kleinanzeigen , Marktplaats inthe Netherlands , fotocasa and InfoJobs inSpain , Subito inItaly , 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 (https://www.adevinta.com/). *** This notification has been submitted pursuant to article 19 of the Market Abuse Regulation and pursuant to Section 5-12 the Norwegian Securities Trading Act
Click here for more information
© Oslo Bors ASA, source
