Published 2019-04-17

Adevinta welcomes new investors

Now that shareholders have received their shares, Adevinta CEO Rolv Erik Ryssdal welcomes investors – old and new – as shareholders of Adevinta.

Adevinta's senior leadership team and members of the Board outside the Oslo Børs

“As a pure player in international marketplaces, we offer investors a different and higher growth investment proposition with the potential to continue consolidating the market,” commented Ryssdal. “We feel we now have a good mix of top quality institutional and retail investors in the free float, allowing sufficient liquidity balanced with committed longer-term owners of our stock.”

More than 70 guests attended Adevinta’s listing ceremony at the Oslo Børs on 10 April, including representatives from the advisers involved in the demerger and listing, as well as senior management and board members of both Adevinta and Schibsted.

Bente A. Landsnes, President & CEO of Oslo Børs, addresses representatives from Adevinta and Schibsted at breakfast

Adevinta’s CEO Rolv Erik Ryssdal and Chair of the Board Orla Noonan ring the bell to open trading at the Oslo Børs on 10 April.

Adevinta’s senior leadership team and members of the Board at the Oslo Børs listing ceremony, along with the Ole Jacob Sunde, Chairman of the Board of Schibsted (second from left)

Board Chair in Adevinta, Orla Noonan, and Board Chair in Schibsted, Ole Jacob Sunde at Oslo Børs