NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Reference is made to the stock exchange announcement made by XXL ASA (the "Company") on 21 March 2024 regarding the successful placement of a private placement of new shares to raise gross proceeds of NOK 500 million (the "Private Placement").
The Company hereby calls for an extraordinary general meeting to be held on Friday 12 April 2024 at 10:00 hours (CEST) for the general meeting to resolve on (i) the issuance of new shares in connection with settlement of the Private Placement, and (ii) providing the board of directors with an authorisation to issue new shares in connection with a contemplated subsequent offering. The general meeting will be held electronically through Lumi AGM.
The notice and agenda for the general meeting is attached to this stock exchange announcement, and will also be made available on the Company's website https://www.xxlasa.com/investor/. Further information about digital attendance to the meeting is included in the notice.
For further queries, please contact:
Investor Relations
Tolle O. R. Grøterud
Tel: +47 90 27 29 59
E-mail: ir@xxlasa.com
Press contact:
Jan Christian Thommesen
Tel: +47 918 21 387
E-mail: presse@xxl.no
ABOUT XXL ASA
XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland and Denmark. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL’s concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.