Schibsted ASA (SCH) - Mandatory notification of trade
(Thomson Reuters ONE) - In connection with Schibsted ASA's rights offering in June 2009,Bergens Tidende AS accidentally subscribed for 24,190 shares inSchibsted ASA. Pursuant to the Norwegian Public Limited LiabilityCompanies Act Section 9-1 second paragraph first sentence, DidrikMunch, the chairman of the board of Bergens Tidende, is regarded ashaving subscribed for the shares.In order to correct this mistake, Didrik Munch, who from 14 August2009 at 1500 hrs is the primary insider of Schibsted ASA 13 November2009, sold these 24,190 shares at an average price of NOK 115.2428 each, in total NOK 2,787,723.33. The remuneration in its entiretyfalls to Bergens Tidende AS, according to an agreement. After thissale, Schibsted ASA's shareholding in the company is 4,700,141, ofwhich 39,500 are owned by Schibsted ASA's subsidiary Bergens TidendeAS and 4,660,641 are owned by Schibsted ASA. Oslo, 16 November 2009 SCHIBSTED ASA Jo Christian Steigedal VP Investor RelationsThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 16.11.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 8410
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