Oslo, 14 February 2023
Reference is made to the stock exchange announcement of 8 February 2023 and the resolution to implement a program of restricted share units for employees. The strike price has been set to NOK 3.5440, based on the volume weighted average share price of XXL’s shares on the Oslo Stock Exchange during the five trading days from 8 February to 14 February 2023. In total around 2,800,000 restricted share units will be granted to employees. The shares will vest after three years subject to the holder at the time of exercise is employed in XXL.
For further queries, please contact:
Investor Relations:
Tolle O. R. Grøterud
Phone: +47 902 72 959
E-mail: ir@xxlasa.com
Press contact:
Andreas Nyheim
Phone: + 47 952 11 779
E-mail: presse@xxl.no
About XXL ASA XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. 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.