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Consumer CyclicalsAdventurousLarge CapNeutral

Brief: Schibsted's CEO and CFO cut stakes after stock hits record

Nov 27 (Reuters) - Schibsted ASA  SBSTA.OL : 
    * Says CEO Rolv Erik Ryssdal has on Friday sold 9,800 A 
Shares in Schibsted at a price of NOK 321.06 per share. After 
the transaction, Ryssdal holds 20,072 A shares and 20,217 B 
shares in Schibsted ASA 
    * Says CFO Trond Berger sold 15,000 A shares at a price of 
NOK 321.94 per share. After the transaction, Berger including 
close associates holds 4,140 A shares and 12,605 B shares 
    * The combined proceeds amounted to 7.98 million Norwegian 
crowns ($917,748), according to a Reuters calculation 
    * Schibsted's class A shares closed 1.3 percent lower on 
Friday. The stock hit an all-time high on Wednesday. 
 
Source text for Eikon:  ID:Obi91jwca  
Further company coverage:  SBSTA.OL  
 
($1 = 8.6952 Norwegian crowns) 
 
 (Reporting By Terje Solsvik) 
 ((terje.solsvik@thomsonreuters.com;))

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