Adevinta ASA (ADE) - Repurchase of shares by Adevinta ASA

Adevinta ASA
Adevinta ASA

Oslo, 4 October 2022 - Please see below information about transactions made under the buy-back programme for Adevinta ASA.

Date on which the second tranche buy-back programme was announced: 6 April 2022

Date on which the second tranche buy-back programme was resumed: 30 August 2022

Duration of the second tranche buy-back programme: no longer than 30 June 2023

Remaining size of the second tranche buy-back programme: up to 1,778,756 shares (full size announced in April 2022 - up to 6,000,000 shares)

From 26 September 2022 until 3 October 2022, Adevinta ASA has purchased a total of 309,563 own shares at the Oslo Stock Exchange at an average price of NOK 64.49 per share.

Aggregated overview of transactions per day:

Date

Aggregated volume
(number of shares)

Weighted average
share price (NOK)

Total transaction
value (NOK)

26 Sep 2022

51,570

64.7172

3,337,466

27 Sep 2022

52,542

63.7928

3,351,801

28 Sep 2022

50,451

63.7626

3,216,887

29 Sep 2022

49,935

64.5594

3,223,774

30 Sep 2022

50,881

65.0425

3,309,427

3 Oct 2022

54,184

65.0645

3,525,455

Previously disclosed buybacks
under the 2nd tranche programme (accumulated)

5,025,804

70.8722

356,189,638

Total buybacks under the 2nd tranche programme

5,335,367

70.5021

376,154,448







The issuer’s holding of own shares:

Following the completion of the above transactions, Adevinta ASA owns a total of 8,754,002 own shares, corresponding to 0.71% of Adevinta ASA’s share capital.

Appendix:

An overview of all transactions made under the second tranche of the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no and www.adevinta.com/ir.

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

Attachment