Schibsted ASA (SCHA/SCHB) - Mandatory disclosure of trades: Employee Share Saving Plan
As part of the Employee Share Saving Plan, primary insiders in Schibsted ASA have on 23 May 2023 purchased 756 treasury B-shares at a price of NOK 176.30 per B-share (the price is set according to standard procedure for the programme during a two day period subsequent to the release of Schibsted's Q1 2023 results, the closing price on 2 May 2023). The transaction is related to the first enrollment window in the Employee Share Saving Plan for 2023 which closed in December 2022, and based on savings made during January, February and March 2023.
In addition, primary insiders in Schibsted ASA received 117 treasury B-shares on 23 May 2023. The transaction is related to bonus matching shares given to employees who enrolled in the Employee Share Saving Plan for 2021.
For more information on the Employee Share Saving Plan please refer to the disclosure published 9 April 2014.
Please see the attached form(s) for notification and public disclosure of transactions.
Oslo, 23 May 2023
SCHIBSTED ASA
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835, jbm@schibsted.com
- Malin Langtvet, Investor Relations Officer, +47 916 86 710, ir@schibsted.com
About Schibsted
Schibsted is a family of digital brands with a strong Nordic position, and more than 5,000 employees. Millions of people enjoy interacting with our companies every day through our online marketplaces such as FINN, Blocket and Oikotie; our media houses including Aftenposten, VG and Aftonbladet; and digital services like Lendo. We also help new promising businesses grow. Our joint mission of empowering people in their daily lives is rooted in the values of our media heritage and a legacy of bold change. At our best, we are a fearless force for change in a society built on trust and transparency.
Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.