Ownership change at MQ

A number of Swedish and Nordic institutions, together with Bengt Jaller Klädcenter AB, MQ’s second-largest owner, have today acquired 9,924,829 shares in MQ, corresponding to 28.2 percent of the company’s capital and votes.

The seller is CapMan, which has thus terminated its long-term involvement in MQ in line with its investment policy.

“As CapMan has now divested its shareholding in MQ, within its planned investment horizon, we are pleased that several new institutional owners have confidence in MQ’s strategy and have chosen to invest in MQ,” says Erik Olsson, MQ’s Chairman, commenting on the transaction.

For further information:
Erik Olsson, MQ’s Chairman, phone +46 31 388 8015

MQ is one of Sweden's leading branded fashion wear chains. Through a mixture of proprietary and external brands, MQ offers men and women high fashion clothing in attractive stores. The store chain currently has 119 stores and the objective is to establish MQ as the leading brand chain in the Nordic region. The MQ share is listed on NASDAQ OMX Stockholm since June 18th, 2010. For more information, see www.mq.se.

About Us

MQ Holding AB owns and operates fashion stores under two business areas: MQ and JOY. MQ is Sweden’s largest retailer of fashion brands today. Through a select mix of proprietary and external brands, MQ offers high-fashion menswear and womenswear in attractive stores. JOY targets fashion-conscious women at midlife who desire excellent quality, fit and comfort. The two business areas comprise of stores as well as online shopping. The MQ Holding share has been listed on Nasdaq Stockholm since 18 June 2010. For more information, see www.mq.se

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