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;))
Recent news on Xxl AS
See all newsBrief: Euronext Oslo Børs Gets Delisting Application From XXL
Brief: XXL ASA Says Company To Apply For Delisting From Euronext Oslo Børs
Brief: Frasers Group Announces Compulsory Acquisition Of Remaining Shares In XXL
Brief: XXL Says Completion Of Frasers Group's Mandatory Offer To Acquire All Of The Issued And Outstanding Shares In Co For NOK 10 Per Share
Norwegian retailer XXL terminates employment agreement of CEO Sobin