Oslo, 3 April 2023: Reference is made to the stock exchange announcement made by XXL ASA (the "Company") on 7 March 2023 regarding the subsequent offering of up to 27,027,027 new shares ("Offer Shares") in the Company, each with a nominal value of NOK 0.40, at a subscription price of NOK 3.70 (the "Subsequent Offering"). Further, reference is made to the stock exchange announcement made by the Company on 21 March 2023, regarding the final result of the Subsequent Offering and where the Company announced that it had received valid subscriptions for a total of 372,913 Offer Shares in the Subsequent Offering.
The share capital increase pertaining to the issuance of the 372,913 new shares in the Subsequent Offering has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). The new shares will be issued in Euronext Securities Oslo (CSD) on the listed ISIN NO 0010716863.
The Company's registered share capital is NOK 155,177,882.40 divided into 387,944,706 shares, each with a nominal value of NOK 0.40.
For further information, please contact:
Tolle O. R. Grøterud
Investor Relations, XXL ASA
Tel: +47 90 27 29 59
E-mail: ir@xxlasa.com
About XXL:
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.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act