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Brief: Lindex: Separating Department Store Business Would Be Best Strategic Path Forward

Dec 19 (Reuters) - Lindex Group Oyj LINDEX.HE:

AGREED THAT SEPARATING DEPARTMENT STORE BUSINESS WOULD BE BEST STRATEGIC PATH FORWARD

DEPARTMENT STORE BUSINESS CONTINUES TO GENERATE NEGATIVE CASH FLOW AND HAS SIGNIFICANT LEASE LIABILITIES

NEGATIVE CASH FLOW AND HAS SIGNIFICANT LEASE LIABILITIES IMPACT FEASIBILITY OF ALL ALTERNATIVES UNDER CONSIDERATION

BOARD CONTINUES EVALUATION OF STRATEGIC ALTERNATIVES FOR DEPARTMENT STORE BUSINESS

Source text: ID:nWkr3RtfVb

Further company coverage: LINDEX.HE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))

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