With reference to the mandatory notification of trade published03 August 2020 and following the expiration of the legally required period for creditor notification, primary insider inSchibsted ASA , Blommenholm Industrier AS, will today transfer 607,851 B-shares inSchibsted ASA to Beltenut AS. After this transfer, Blommenholm Industrier AS will own 30,013,354 B-shares inSchibsted ASA . Blommenholm Industrier AS also owns 28,541,262 A-shares inSchibsted ASA . Following the transfer, Blommenholm Industrier AS will hold 25.04% of shares outstanding and 26.87% of voting rights inSchibsted ASA . The transfer is part of an agreement between theTinius Trust and Blommenholm Industrier AS and Beltenut AS/Jan Nagell-Erichsen to redeem non-voting B-shares in Blommenholm Industrier AS held by Beltenut AS, as previously reported. This operation does not impact the voting structure of Blommenholm Industrier AS where theTinus Trust controls all the votes and it does not lead to any change in theTinius Trust's ownership strategy forSchibsted ASA .The Tinius Trust and Blommenholm Industrier AS are represented on the Board ofSchibsted ASA byOle Jacob Sunde andKarl-Christian Agerup . For more information on theTinius Trust and the redemption of shares, please visit www.tinius.com.Oslo ,07 October 2020 SCHIBSTED ASA This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Click here for more information
© Oslo Bors ASA, source