Business News

Schibsted ASA (SCH) – Mandatory notification of trade – employee share offering

Tuesday 24. November 2009 - The foundation 'Stiftelsen Schibstedansattes Aksjekjøp' on 23 November 2009 acquired 45,000 shares in Schibsted ASA at an average price of NOK 118.3807.

After the transaction total holding of shares in Schibsted ASA is 45,044. The shares will be sold to Schibsted employees in connection with an employee share offering.

http://www.schibsted.com
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Business News

Schibsted ASA (SCH) – Mandatory notification of trade – employee share offering

Tuesday 24. November 2009 - The employees of the Schibsted group have this year, as earlier years, been offered to buy shares in Schibsted ASA for up to NOK 6,000 at a discounted price. The price was equal to the closing price on November 20th 2009 minus a 20% discount.

This gives a price of NOK 94.00 per share and implies an acquisition of 63 shares. The subscription deadline was 20 November 2009. The following primary insiders have signed up for
this offer:

Name/new number of shares incl. close affiliates
Askildsen, Ingrid
164
Berger, Trond
15 891
Idstad, Oddbjørn
211
Jarlsby, Camilla
266
Jenssen, Roy Alvin
210
Johansen, Frank Johan
211
Jonsen, Marit
155
Kagge, Gunnar
125
Munck, Sverre
13 975
Nilsen, Britt
235
Odinsen, Hege Lyngved
368
Olufsen, Bernt
16 972
Pedersen, Torry
520
Rambøl, Sigrid
163
Ryssdal, Rolv Erik
7 165
Thorenfeldt, Catharina
770

The shares will be transferred to the individuals within the next few days.

http://www.schibsted.com
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