ADEA Adevinta A

Adevinta ASA (ADE) - Mandatory notification of trade – Employee Share Purchase Plan

Adevinta ASA (ADE) - Mandatory notification of trade – Employee Share Purchase Plan

Oslo, 18 January 2024 - Employees of Adevinta ASA have on the 16 of January 2024 purchased 51,062 Adevinta shares through a broker on the Oslo Stock Exchange as part of Adevinta’s employee share purchase plans at an average share price of NOK 112.55 per share. The shares will be transferred to the participants in the coming days. The transactions are related to the fourth enrollment window in the Adevinta Share Purchase Plan for 2023, and based on savings made during October, November and December 2023.

The transactions included primary insiders in Adevinta ASA. The notifications of the transaction are attached to this press release in accordance with MAR regulation.

In addition, employees of Adevinta ASA have on the 16th of January 2024 received a total of 25,953 gross Adevinta treasury shares. After withholding tax, a total of 13,498 shares were sold at a price of 112.40 NOK per share to cover tax responsibilities and the net number of shares to be transferred to the employees will be 12,455 shares. The net shares will be transferred to the participants in the coming days. This transaction is related to bonus matching shares given to employees who enrolled in the Hybrid Employee Share Plan (HASPP). No primary insiders were involved in this release. 

The purpose of Adevinta’s employee share purchase plan is to motivate and retain employees as well as to increase the interest in Adevinta’s result and performance through owning Adevinta 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 Adevinta employee share saving plan please refer to the disclosure published 17 June 2019. 

For further information, please contact:

IR contact

Marie de Scorbiac

VP Investor Relations & Corporate Affairs

40

Anne-Sophie Jugean

Investor Relations Senior Manager

81

This information has been submitted in accordance with the Market Abuse Regulation article 19 and the Norwegian Securities Trading Act Section 5‑12.

 

 

Attachments



EN
18/01/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Adevinta A

 PRESS RELEASE

Adevinta ASA (ADE) – Extraordinary General Meeting Held

Adevinta ASA (ADE) – Extraordinary General Meeting Held On 30 May 2024 and following completion of the compulsory acquisition of the remaining shares in Adevinta ASA (the "Company") by Aurelia Bidco Norway AS as announced earlier today, an extraordinary general meeting of Adevinta ASA was held. The meeting was conducted as a virtual meeting. All agenda items were approved. The minutes from the general meeting are attached. Attachment

 PRESS RELEASE

Adevinta ASA (ADE) - COMPULSORY ACQUISITION OF SHARES IN ADEVINTA ASA

Adevinta ASA (ADE) - COMPULSORY ACQUISITION OF SHARES IN ADEVINTA ASA NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL. 30 May 2024 Reference is made to the stock exchange announcement made on 29 May 2024 regarding settlement of the voluntary offer (the "Offer") by Aurelia Bidco Norway AS (the "Offeror") to acquire all of the issued and outstanding ordinary class A shares (the "Shares") in Adevinta ASA (the "Company") for NOK 115 per Shar...

 PRESS RELEASE

Adevinta ASA (ADE) - COMPLETION OF THE VOLUNTARY OFFER FOR ALL ISSUED ...

Adevinta ASA (ADE) - COMPLETION OF THE VOLUNTARY OFFER FOR ALL ISSUED AND OUTSTANDING ORDINARY CLASS A SHARES IN ADEVINTA ASA NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL. 29 May 2024 Reference is made to the offer document dated 22 December 2023 (the "Offer Document") for the voluntary offer for all issued and outstanding ordinary class A shares (the "Shares") in Adevinta ASA ("Adevinta" or the "Company") (such offer, the "Offer") by...

 PRESS RELEASE

Adevinta ASA (ADE) - Adevinta reports strong Q1 financial performance ...

Adevinta ASA (ADE) - Adevinta reports strong Q1 financial performance in soft macro environment Strong EU51 revenue growth: +12% year-on-yearTotal revenues at €480m, up 11%2 year-on-yearTotal EBITDA of €165m, up 14% year-on-year and EBITDA margin of 34.4%Strong cash flow generation and continued deleveraging Oslo, 28 May 2024 - Adevinta ASA (ADE) (“Adevinta'' or “the Company”) reported strong group revenue growth of 11% in the first quarter of 2024 compared to the same period last year. This excludes the impact of the Hungarian business divestment in Q3 2023. EU5 Markets revenues reached ...

 PRESS RELEASE

Adevinta ASA Announces Issuance of Notices of Redemption in Full of it...

Adevinta ASA Announces Issuance of Notices of Redemption in Full of its 2 5/8% Senior Secured Notes due 2025 and 3% Senior Secured Notes due 2027 17 May 2024 Oslo, 17 May 2024 - Adevinta ASA today announces the issuance of notices of redemption (the “Redemption”) for all of its outstanding €660,000,000 aggregate principal amount 2 5/8% Senior Secured Notes due 2025 (the “2025 Notes”) and €400,000,000 aggregate principal amount 3% Senior Secured Notes due 2027 (the “2027 Notes” and, together with the 2025 Notes, the “Notes”). As specified in the notices of Redemption, ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch