Oslo, 25 November 2021
Reference is made to the disclosure of large shareholding in Adevinta ASA
("Adevinta") on 19 November 2021 whereby notice was made that eBay International
Holding GmbH, which is 100% owned by eBay Inc. ("eBay"), requested to convert
138,264,160 Class B Shares (non-voting shares) in Adevinta to ordinary Class A
Pursuant to Article 4 of Adevinta's Articles of Association (Nw.: vedtekter),
any holder of Class B Shares (non-voting shares) may, under certain terms and
conditions and upon notice to Adevinta, request that Class B Shares (non-voting
shares) are exchanged into ordinary Class A Shares. Adevinta's Articles of
Association have been amended and registered in the Norwegian Register of
Business Enterprises (Nw.: Foretaksregisteret).
Following such exchange, the share capital in Adevinta remains unchanged, but
the number of ordinary Class A Shares has increased by 138,264,160 and the
number of Class B Shares (non-voting shares) has decreased by the same amount.
The share capital of Adevinta is NOK 244,988,596.20 consisting of 1,165,686,913
ordinary Class A Shares and 59,256,068 Class B Shares (non-voting shares), each
with a nominal value of NOK 0.20.
The Articles of Association in Norwegian and an unofficial English translation
are available at the web address below:
Adevinta Investor Relations
Marie de Scorbiac
VP Investor Relations & Corporate Affairs
+33 6 14 65 77 40
Investor Relations Manager
+33 6 74 19 22 81
Adevinta Media Relations
Head of Corporate Communications
+33 6 84 30 52 76
Adevinta is a global online classifieds specialist, operating digital
marketplaces in 16 countries. The company provides technology-based services to
connect buyers with sellers and to facilitate transactions, from job offers to
real estate, cars, consumer goods and more.
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, Kijiji in Canada, fotocasa and InfoJobs in Spain, and 50% of fast-
growing OLX Brasil. Adevinta spun off from Schibsted ASA and publicly listed in
Oslo, Norway in 2019. Adevinta employs around 7,500 people committed to
supporting users and customers daily. Find out more at Adevinta.com
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
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