With reference to the mandatory notification of trade published on03 August 2020 , and following the expiration of the legally required period for creditor notification and the EGM inAdevinta ASA , primary insider inSchibsted ASA andAdevinta ASA , Blommenholm Industrier AS, will today transfer 4,320,781 shares inAdevinta ASA to Beltenut AS. After these transfers, Blommenholm Industrier AS will own 38,992,516 shares inAdevinta ASA . Following the transfers, Blommenholm Industrier AS will hold 5.69% of shares outstanding and voting rights inAdevinta ASA . The transfers are part of an agreement between theTinius Trust and Blommenholm Industrier AS and Beltenut AS/Jan Nagell-Erichsen to redeem non-voting B-shares in Blommenholm Industrier AS held by Beltenut AS, as previously reported. This operation does not impact the voting structure of Blommenholm Industrier AS where theTinus Trust controls all the votes and it does not lead to any change in theTinius Trust's ownership strategy forSchibsted ASA orAdevinta ASA .The Tinius Trust and Blommenholm Industrier AS are represented on the Board ofAdevinta ASA byTerje Seljeseth and on the Board ofSchibsted ASA byOle Jacob Sunde andKarl-Christian Agerup . For more information on theTinius Trust and the redemption of shares, please visit www.tinius.com.Adevinta ASA is 59.3% owned subsidiary ofSchibsted ASA .Oslo ,30 October 2020 SCHIBSTED ASA This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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