KAPPAHL STRENGTHENS BALANCE SHEET
To strengthen KappAhl's financial position, the Board of KappAhl AB (publ) ("KappAhl") intends to propose a guaranteed new share issue of approximately SEK 375 million with preferential rights for the shareholders. The Board's intention is that the details of the rights issue shall be determined and communicated within two weeks of this press release. The principal owner Dutot Ltd. (representing 16.3 per cent of the capital) has declared its intention to vote for the issue and undertake to subscribe for its share of the issue.The company has also signed an agreement to sell the property