At Adevinta, we believe everything and everyone has a purpose in life. Our selection of digital brands unlock the full value in every person, place and thing by creating perfect matches on the world’s most trusted marketplaces.
With trusted brands that enjoy leading market positions, Adevinta operates a resilient business model at the centre of the second-hand economy at the time when consumers are seeking more sustainable and cost-efficient ways to buying products.
Sustainability is in our DNA, and we are recognised as a global sustainability leader by DJSI Europe. By providing marketplaces where people buy and sell second-hand goods, we contribute to the circular economy and help people live more sustainably.
At Adevinta we'll stay ahead of the curve by using innovation, curiosity and technology to develop products that help everyone and everything find new purpose.
We're all about matchmaking, and we take the same approach to hiring. But it's not just about finding the right skills for the job. It's also about making sure the role and the culture are the right match too.
We care about gaining and keeping the trust of our users, customers and stakeholders by acting responsibly, promoting sustainability and protecting the environment.
We invest in companies with tangible traction, a potential to scale beyond their domestic market, and who we can support with more than just financial resource.
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Oslo, 20 December 2019
Blommenholm Industrier AS, which is represented at the Board of Adevinta ASA, sold on the Oslo Stock Exchange on 20 December 2019 10,560,848 ordinary shares in Adevinta at a price of NOK 101.00 per share.
After the transaction, Blommenholm Industrier holds 43,313,297 shares in Adevinta ASA, which implies an ownership stake of 6,32%.
The share disposal should be seen in the context of Blommenholm Industries previously communicated position of being a financial shareholder of Adevinta, but a long-term strategic shareholder of Schibsted ASA, and the fact that Blommenholm Industrier increased its holding of Schibsted shares during 2019.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Contact persons:Adevinta IR: Jo Christian Steigedal, +47 415 08 733, email@example.com
Blommenholm Industrier: Kjersti Løken Stavrum, CEO, +47 982 03 070, firstname.lastname@example.org
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