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ADEVINTA ASA

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

01/21/2022 | 11:32am EDT
Oslo, 21 January 2022

Employees of Adevinta ASA have on the 20 of January 2022 purchased 34,638
Adevinta shares through a broker on the Oslo Stock Exchange as part of
Adevinta's employee share purchase plan at an average share price of NOK
102.923240 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 2021 which closed in September 2021, and based
on savings made during October, November and December 2021.

Shares purchased by employees who are primary insiders are disclosed in an
attachment to this press 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 results and
performance through owning Adevinta shares. After two years of ownership, the
company will allocate two bonus shares for every share bought during the first
two quarterly enrolments in 2019. Thereafter, one bonus share for every share
bought in connection with this offer. For more information on the employee share
saving plan please refer to the disclosure published 17 June 2019.

                                     -End-


IR contact
Marie de Scobiac
Head of Investor Relations
ir@adevinta.com (mailto:ir@adevinta.com)

Anne-Sophie Jugean
Investor Relations Manager
+33 6 74 19 22 81
ir@adevinta.com


 (mailto:ir@adevinta.com)About Adevinta
Adevinta is a leading online classifieds specialist, operating digital
marketplaces in 15 countries. The company provides technology-based services to
connect buyers with sellers and to facilitate transactions, from real estate to
motors, and consumer goods.

Adevinta's portfolio spans more than 40 digital brands, covering one billion
people and attracting approximately three billion average monthly visits.
Leading brands include top-ranked leboncoin in France, Germany's leading
classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the
Netherlands, fotocasa and InfoJobs in Spain, and 50% of fast-growing OLX Brasil.
Adevinta employs around 7,500 people committed to supporting users and customers
daily. Find out more at Adevinta.com (https://www.adevinta.com/).

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

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange

Stocks mentioned in the article
ChangeLast1st jan.
ADEVINTA ASA 0.78% 64.8 Real-time Quote.-45.18%
SCHIBSTED ASA -0.98% 192 Real-time Quote.-42.99%
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04/21Adevinta ASA (ADE) - Mandatory notification of trade - Employee Share Purchase Plan
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04/21Adevinta ASA (ADE) - Mandatory notification of trade – Employee Share Purchase Pl..
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Financials
Sales 2022 1 672 M 1 741 M 1 741 M
Net income 2022 155 M 161 M 161 M
Net Debt 2022 2 004 M 2 086 M 2 086 M
P/E ratio 2022 51,7x
Yield 2022 0,15%
Capitalization 8 142 M 8 429 M 8 475 M
EV / Sales 2022 6,07x
EV / Sales 2023 5,17x
Nbr of Employees 5 033
Free-Float 13,3%
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Number of Analysts 21
Last Close Price 64,30 NOK
Average target price 114,22 NOK
Spread / Average Target 77,6%
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Managers and Directors
Rolv Erik Ryssdal Chief Executive Officer
Uvashni Raman Chief Financial Officer
Orla Noonan Chairman
Alex Alexander Chief Product & Technology Officer
Sophie Constance Javary Independent Director
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