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XXL Xxl AS News Story

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Brief: XXL Says 777,289 A-Shares To Be Issued As Compensation For Frasers Group's Guarantee In Rights Issue

March 18 (Reuters) - XXL ASA XXL.OL:

FRASERS GROUP INTENDS TO MAKE MANDATORY OFFER FOR SHARES OF CO NOT OWNED BY FRASERS GROUP AS REQUIRED BY NORWEGIAN SECURITIES TRADING ACT (ADDS DROPPED FRASERS GROUP)

777,289 A-SHARES WILL BE ISSUED AS COMPENSATION FOR FRASERS GROUP'S GUARANTEE IN RIGHTS ISSUE

FRASERS GROUP WILL OWN 28,776,451 A-SHARES, WHICH WILL CORRESPOND TO ABOUT 32.9% OF ALL SHARES IN XXL

Source text: ID:nObigMPwKa

Further company coverage: XXL.OL

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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