Schibsted ASA (SCH) - Mandatory notification of trade - exercise of options

In connection with an earlier option program for key employees, 7,500 options with the right to acquire 9,420 shares in Schibsted ASA at NOK 51.00 were exercised on 19 February 2013. There is a maximum gain that the option holders can achieve per share, and the highest price at which the shares acquired through the options can be realized is NOK 125.48.

There is an obligation to reinvest linked to the options. On this background, 8,671 shares were sold in the market at NOK 236,4462 per share, whereas 749 shares were transferred to the individual employee.

After the transaction, Schibsted holds 823,795 own shares.

Oslo, 19 February 2013
SCHIBSTED ASA

Jo Christian Steigedal
VP Investor Relations

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


Published: 2/19/2013 4:35 PM
Last updated: 2/19/2013 4:40 PM