Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade: restricted stock units
Today, primary insiders in Schibsted ASA have been granted 30.747 B-shares in the form of restricted stock units (RSUs). The shares will be transferred to the employees at the end of a two year vesting period.
Please see the attached form(s) for notification and public disclosure of transactions, including net number* of RSUs to primary insiders.
* Net number of restricted B-shares to be received following the vesting date. The net number of RSUs is based on a 50% marginal tax rate. The actual number of shares received at the vesting date may vary, should the participant's margin tax rate at the vesting date differ.
Oslo, 22 September 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
- Malin Ebenfelt, 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.