Schibsted ASA (SCH) - Mandatory notification of trade

Schibsted ASA (SCH) - Mandatory notification of trade

ID: 120696

(Thomson Reuters ONE) -


In connection with Schibsted's option scheme for key personnel 30,000 options,
with the right to acquire 37,680 shares, were exercised on 29 February 2012 at
price NOK 132.70 per share. The options were allotted in 2008, and last date for
exercise is 24 June 2013.

There is a requirement to reinvest in shares at least 50 % of the profit after
tax for all key personnel, with some exceptions.

The following primary insiders have exercised options and sold shares in the
market:


Primary Number of Corresponding Number of Reinvested Number of
insider options number of options number of shares held
exercised shares held after shares after
exercise reinvestment

Gunnar 15,000 18,840 15,000 1,086 13,493
Strømblad

Jan Erik 15,000 18,840 0 0 15,063
Knarbakk



In connection with this transaction, Schibsted sold 36,594 own shares in the
market at an average price of NOK 183.73 per share. After the transaction,
Schibsted ASA holds 1,024,278 own shares.

On 29 February 2012, primary insider Sigrid Rambøl sold 212 shares in Schibsted
ASA at an average price of NOK 183,0472. Rambøl has no shares in Schibsted ASA
after the transaction.

Oslo, 1 March 2012
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.






This announcement is distributed by Thomson Reuters on behalf of




Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Schibsted via Thomson Reuters ONE

[HUG#1590343]


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Bereitgestellt von Benutzer: hugin
Datum: 01.03.2012 - 08:30 Uhr
Sprache: Deutsch
News-ID 120696
Anzahl Zeichen: 2491

contact information:
Town:

Oslo



Kategorie:

Business News



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