Issue and repurchase of Class C shares under incentive program in ITAB
The Board of Directors of ITAB Shop Concept AB (publ) (”ITAB”) has today resolved to issue and immediately thereafter repurchase 4,400,000 Class C shares.Based on the authorisation from the Annual General Meeting on 10 May 2022, the Board of Directors of ITAB has resolved to increase the share capital by SEK 1,833,342.85 through a directed cash issue of 4,400,000 Class C shares to Nordea Bank Abp, filial i Sverige (“Nordea”) at a subscription price corresponding to the quota value of the shares. Furthermore, the Board of Directors of ITAB has resolved to immediately repurchase all 4,400,000