SCH Schibsted Asa Class A

Schibsted ASA (SCHA/SCHB) – Schibsted Employee Share Saving Plan 2020

Schibsted ASA (SCHA/SCHB) – Schibsted Employee Share Saving Plan 2020

Schibsted’s employee share saving plan (ESSP) continues in 2020 with saving in the Schibsted B-share.

Attached to this release is a list of primary insiders that have subscribed to the share saving plan for 2020. The subscribed amount disclosed is the total amount in NOK for 2020. Primary insiders can only change their savings amount once a year. The purchase price and the number of shares will be reported when allocations are made.

For more information on the employee share saving plan please refer to the disclosure published 09 April 2014.

Oslo, 08 April 2020

SCHIBSTED ASA

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Attachment

EN
08/04/2020

Underlying

SCHSchibsted Asa Class A

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Reports on Schibsted Asa Class A

ABGSC Media Research ... (+3)
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ABGSC Media Research ... (+3)
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We are significantly below consensus for Q1e EBITDA, expecting underperformance in all segments and verticals, except for Real Estate. We reiterate our SELL and have lowered our target price to NOK280 (290) on our estimate revisions. At our new target price, Schibsted would be trading at a c10% discount to our SOTP.

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