XXL ASA 1. Exercise of restricted share units from 2021 Reference is made to the stock exchange announcement of8 February 2024 and the exercise window for vesting restricted share units from 2021 that closed today14 February 2024 . Employees inXXL ASA have exercised 224,856 restricted share units representing 224,856 ordinary shares. Following this XXL has, pursuant to authorization granted by the Annual General Meeting on6 June 2023 , bought 224,856 of its own shares at a price ofNOK 0.7172 . A detailed overview of all transactions is attached. All shares will be transferred to the employees and subsequentlyXXL ASA will hold no own shares after this transfer. 2. Restricted share units - 2024 grant Reference is made to the stock exchange announcement of8 February 2024 and the resolution to implement a program of restricted share units. The strike price has been set toNOK 0.7472 , based on the volume weighted average share price of XXL's shares on theOslo Stock Exchange during the five trading days from 8 February to14 February 2024 . In total around 6,700,000 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 Grøterud E-mail: ir@xxlasa.xom Phone +47 902 729 59 Press contactJan Christian Thommesen Phone: + 47 918 21 387 Email: presse@xxl.no AboutXXL ASA XXL is a leading sports retailer with stores and e-commerce inNorway ,Sweden ,Finland andDenmark . 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.
Click here for more information
© Oslo Bors ASA, source
