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26 June 2024 - Established carmakers have historically relied on the twin pillars of reputation and brand loyalty to maintain their customer base. But due to increasingly fierce competition from emerging EV manufacturers, brand loyalty can no longer be taken for granted.
19 June 2024 - High interest rates and unaffordable deposits are pricing many Europeans out of buying their first home, whilst expensive rents put further pressure on non homeowners. As economic indicators - such as the European Central Bank interest rate cut in June - point to an improving Eurozone economy, greater affordability will be key to vitalising a stagnant housing market.
On 30 May 2024 and following completion of the compulsory acquisition of the remaining shares in Adevinta ASA (the "Company") by Aurelia Bidco Norway AS as announced earlier today, an extraordinary general meeting of Adevinta ASA was held. The meeting was conducted as a virtual meeting. All agenda items were approved.
NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL.
NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL.
Oslo, 28 May 2024 - Adevinta ASA (ADE) (“Adevinta'' or “the Company”) reported strong group revenue growth of 11% in the first quarter of 2024 compared to the same period last year. This excludes the impact of the Hungarian business divestment in Q3 2023.
Oslo, 16 May 2024 - An Extraordinary General Meeting in Adevinta ASA (ADE) was held on 16 May 2024 as a digital meeting. All agenda items were adopted.
Oslo, 2nd May 2024 - Employees of Adevinta ASA have on the 30 of April 2024 purchased 82,975 Adevinta shares through a broker on the Oslo Stock Exchange as part of Adevinta’s employee share purchase plans at an average share price of NOK 113.46 per share. The shares will be transferred to the participants in the coming days. The transactions are related to the 1st enrollment window in the Adevinta Share Purchase Plan for 2024, and based on savings made during January, February and March 2024.