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, 8 November 2019
Reference is made to the ongoing rights issue in Adevinta ASA ("Adevinta").
Blommenholm Industrier AS, the owner of 7.9% of Adevinta’s shares, has subscribed for 348,007 new shares based on subscription rights granted in the rights issue, following which, Blommenholm owns 22 subscription rights. Upon issuance of the new shares, it will own a total number of 53,874,145 ordinary shares in Adevinta. All shares are subscribed at par value, NOK 0.20 per share.
This information is subject to disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.
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