Share transactions by members of Group Management to cover tax costs related to the LTIP 2022 incentive programme

Members of Clas Ohlson's Group Management have sold shares in the company in connection with allocations from the LTIP 2022 share-based incentive programme, which recently ended. The divestments of shares were carried out to cover the tax incurred for the participants in connection with the share allotment.

In total, 45,451 shares have been allotted within LTIP 2022 to members of the Group Management. Of these, 18,500 shares have been sold to cover tax liabilities. Following these transactions, the concerned members of the Group Management have a larger holding in Clas Ohlson than prior to the allotment from LTIP 2022.

Transactions carried out by members of Group Management are reported to the Swedish Financial Supervisory Authority (Finansinspektionen) in accordance with applicable regulations, and the current shareholdings of members of Group Management are reported at about.clasohlson.com.

For further information, please contact: 
Niklas Carlsson, Head of External Communications and IR, +46 247 444 29, niklas.carlsson@clasohlson.se     

Clas Ohlson was founded in 1918 as a mail order business in Insjön, Sweden. Today we are a retail company with customers in three markets, approximately 5,000 co-workers and annual sales of approximately 12 billion SEK. Our share is listed on Nasdaq Stockholm. A lot has happened since the start in 1918, but one thing has remained the same over the years; that we want to help people fix their homes with practical and sustainable solutions at attractive prices. Visit about.clasohlson.com/en to read more about us and how we make home fixing available, sustainable and enjoyable for everyone.