Adevinta ASA Completes Share Offer Settlement

Adevinta ASA (ADEVF) has released an update.

Adevinta ASA has completed a voluntary offer for all its class A shares, resulting in the cash settlement for vested employee incentives. Primary insiders, including CEOs and heads of various verticals, received settlements based on a price of NOK 115 per share. The total cash settlements for two of the insiders, Antoine Jouteau and Ajay Bhatia, amounted to NOK 49,679,770 and NOK 50,125,280 respectively.

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