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NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.
Oslo, 13 May 2020 – Adevinta ASA (“Adevinta” or the “Company”) has absitively to admit a acknowledgment of up to 320,000 of its own shares. The shares are to be acclimated as adjustment in the Company’s share-based allurement schemes as able-bodied as agent allotment extenuative plans.
The buybacks will be fabricated in accordance with the allotment accepted to the Board of Directors by the Company’s General Meeting captivated on 5 May 2020. As declared in the authorisation, shares shall be purchased at a minimum of NOK 20 and a best of NOK 750 per share. The authorisation is accurate until the Ordinary General Meeting in 2021.
The acknowledgment will arise afterward this advertisement and is accepted to end no after than on 2 June 2020. The shares shall be purchased on Oslo Børs. Adevinta has affianced DNB Markets, a allotment of DNB Bank ASA, to backpack out the allotment acknowledgment on account of the Company.
The beheading of any repurchases will depend on bazaar conditions, the acknowledgment programme may be discontinued at any time and the Aggregation may boldness to abolish the acknowledgment programme afore the beginning set out aloft is reached.
Adevinta does not own shares in the Aggregation as of today.
For added information, amuse acquaintance Investor Relations:
GIDB-Wire-Instructions – WIRE TRANSFER and ACH INFORMATION .. | bank of america bank address for wire
Marie De [email protected]
About Adevinta ASA Adevinta is a all-around online classifieds aggregation with generalist, absolute estate, cars, jobs and added internet marketplaces in 16 countries, abutting buyers gluttonous appurtenances or casework with a ample abject of sellers. Its portfolio spans 36 agenda articles and websites, alluring 1.5 billion boilerplate account visits. Leading brands accommodate top-ranked leboncoin in France, InfoJobs and Milanuncios in Spain, and 50% of fast-growing OLX in Brazil. Adevinta was spun off from Schibsted ASA and about listed as an absolute aggregation in Oslo, Norway in 2019. Adevinta is majority endemic by Schibsted ASA.
The acknowledgment and the administration of this advertisement and added advice in affiliation therewith may be belted by law in assertive jurisdictions, and the acknowledgment is not fabricated in any administration in which this would be unlawful, crave allotment or added measures. The Aggregation does not accept any albatross in the accident there is a abuse by any actuality of such restrictions. Persons into whose control this advertisement or such added advice should appear are appropriate to acquaint themselves about and to beam any such restrictions.
The acknowledgment is not actuality fabricated anon or alongside in, or by use of the mails of, or by any agency or action of artery or adopted business of, or any accessories of a civic balance barter of, the United States of America, its territories and possessions, any State of the United States and the District of Columbia (the “United States”) or any added administration in which this would be unlawful. This includes, but is not bound to, facsimiletransmission, internet delivery, e-mail, buzzer and telephones. Accordingly, copies of this absolution and any accompanying abstracts are not being, and charge not be, mailed, e-mailed or contrarily broadcast or beatific in or into the United States and so accomplishing may invalidate any declared sales offer.
This advice is accountable of the acknowledgment requirements pursuant to area 5-12 of the Norwegian Balance Trading Act.
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