Oslo, 6th October 2023: Adevinta is, during the coming days, transferring a net amount of 110,988 own shares to employees in connection with its Legacy Equity Plan. 114,851 own shares were sold through a broker in the open market at an average price of NOK 104.59452 on the 2nd October 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.
There were no primary insiders involved in this release.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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Marie de Scorbiac
VP Investor Relations & Corporate Affairs
+33 6 14 65 77 40
Investor Relations Senior Manager
+33 6 74 19 22 81
Adevinta is a leading online classifieds group and champion of 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.
Adevinta is a sustainability leader within the Dow Jones Sustainability Index (DJSI) Europe.
To find out more, visit Adevinta.com