Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Schibsted ASA
  6. News
  7. Summary
    SCHA   NO0003028904

SCHIBSTED ASA

(SCHA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade: Long-term incentive plan

09/01/2021 | 10:31am EST

Today a primary insider in Schibsted ASA, Andrew Kvålseth, has been granted restricted B shares in connection with the long-term incentive plan (the “Executive LTI Plan”), in addition to an extraordinary share allocation as stated in his employment agreement.

The Executive LTI Plan is an annual 3-year rolling plan, part delivered in restricted shares and part delivered in performance shares, with fulfilment in Schibsted B-shares. The program is applicable to the CEO, the members of Schibsted’s Executive Team as well as to a few selected key roles, and will be transferred at the end of the 3-year program period.

The extraordinary share allocation consists of Schibsted B shares. 50% of the award will vest 1 year following the grant date and 50% 2 years following the grant date. The shares  will be transferred to the grantee following each of the vesting dates. 

For more information on the LTI Plan, please refer to Schibsted ASA’s annual report 2020 under the section “The Board of Directors’ Statement of Executive Compensation for Schibsted excluding Adevinta”.

Please see the attached form(s) for notification and public disclosure of transactions, including net number* of restricted shares granted to primary insiders.



* Net number of restricted B-shares to be received on the vesting date. The net number of restricted shares is partially based on the participant's current 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 have changed. 




Oslo, 1 September 2021

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 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 holds a majority ownership in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.

Attachments

  • Download announcement as PDF.pdf
  • LTI Grant 2021_Kvalseth_Altinn skjema KRT 1500.pdf

© NTB Norway, source NTB English Regulatory Releases

All news about SCHIBSTED ASA
12/02SCHIBSTED : Future Report 2022 launch event
PU
12/01Adevinta ASA (ADE) - Adevinta sells Gumtree UK and Motors.co.uk to O3 Industries and No..
AQ
12/01Adevinta ASA (ADE) – Adevinta sells Gumtree UK and Motors.co.uk to O3 Industries ..
AQ
11/30Adevinta ASA (ADE) - Capital Markets Day 2021 presentation
AQ
11/30Adevinta ASA (ADE) - Adevinta launches "Growing at Scale", its new strategic plan desig..
AQ
11/30Adevinta ASA (ADE) - Adevinta launches “Growing at Scale”, its new strategi..
AQ
11/29SCHIBSTED : Introducing the Schibsted FAST Framework
PU
11/25Adevinta ASA (ADE) - Updated Articles of Association Following Exchange of Class B Shar..
AQ
11/25Adevinta revamps growth strategy as Q3 lags on car woes
RE
11/25Adevinta Q3 growth lags as car ads take a hit
RE
More news
Analyst Recommendations on SCHIBSTED ASA
More recommendations
Financials
Sales 2021 14 595 M 1 590 M 1 590 M
Net income 2021 61 695 M 6 722 M 6 722 M
Net Debt 2021 6 649 M 724 M 724 M
P/E ratio 2021 1,47x
Yield 2021 0,54%
Capitalization 84 277 M 9 184 M 9 183 M
EV / Sales 2021 6,23x
EV / Sales 2022 5,69x
Nbr of Employees 5 000
Free-Float 69,4%
Chart SCHIBSTED ASA
Duration : Period :
Schibsted ASA Technical Analysis Chart | SCHA | NO0003028904 | MarketScreener
Technical analysis trends SCHIBSTED ASA
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 386,60 NOK
Average target price 514,00 NOK
Spread / Average Target 33,0%
EPS Revisions
Managers and Directors
Kristin Skogen Lund Chief Executive Officer
Ragnar Kňrhus Chief Financial Officer
Ole Jacob Sunde Chairman
Sven St°rmer Thaulow Chief Data & Technology Officer
Christian Ringnes Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SCHIBSTED ASA5.54%9 184
INFORMA PLC-15.41%9 223
PEARSON PLC-13.43%5 867
LAGARDÈRE S.A.12.21%3 632
KADOKAWA CORPORATION54.87%3 567
DAILY MAIL AND GENERAL TRUST PLC45.50%3 312