Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade

Sondre Gravir, sold on 18 September 2018 8,456 B-shares in Schibsted ASA at a price of NOK 303.70 per share. After the transaction, Gravir holds 4,577 A-shares and 5,480 B-shares in Schibsted ASA. The purpose of the sale is to free up liquidity for an investment in the private equity owned SATS...
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Sondre Gravir, sold on 18 September 2018 8,456 B-shares in Schibsted ASA at a price of NOK 303.70 per share. After the transaction, Gravir holds 4,577 A-shares and 5,480 B-shares in Schibsted ASA. The purpose of the sale is to free up liquidity for an investment in the private equity owned SATS Group, in which Gravir is appointed CEO.

Oslo, 18 September 2018
SCHIBSTED ASA

Jo Christian Steigedal
VP Investor Relations

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



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Schibsted via Globenewswire

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