Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Handel & varor |
Industri | Detaljhandel |
2023-09-07 14:15:32
Reference is made to the stock exchange announcement made by XXL ASA (the
"Company") on 6 September 2023 regarding the allocation of shares in the fully
underwritten rights issue of 1,250,001,065 new shares in the Company, each with
a nominal value of NOK 0.40, at a subscription price of NOK 0.40 per share (the
"Rights Issue").
In connection with the Rights Issue, Ferd AS exercised 115,925,661 subscription
rights, equal to the amount granted, and was allocated a total of 115,925,661
ordinary shares. Subject to the completion of the Rights Issue and the issuance
of new non-voting shares (class B-shares), Ferd AS will own 151,118,316 ordinary
shares (class A-shares), representing 11.33% of the votes and 9.23% of the
capital in the Company and consequently cross the disclosure threshold of 10% of
the votes in the Company.
Further, and as referred to in the stock announcement on 6 September 2023, a
total of 34,098,659 shares, divided into 8,470,000 existing ordinary shares
(class A shares) held in treasury by the Company) and 25,628,659 new non-voting
shares (class B shares), (the "Underwriting Commission Shares") is expected to
be delivered to underwriters pursuant to a subscription and underwriting
agreement dated 14 July 2023 as settlement of their entitlement to commission
under that agreement.
Subject to the completion of both the Rights Issue and delivery of the
Underwriting Commission Shares, increasing the number of votes and capital in
the Company to 1,333,866,762 and 1,663,574,430, respectively, Ferd AS will own
ordinary shares representing 11.33% of the votes and 9.08% of the capital in the
Company.
This disclosure is made pursuant to section 4-2 of the Norwegian Securities
Trading Act.