New shares of Lindex registered with the Finnish Trade Register
LINDEX GROUP plc, Other information disclosed according to the rules of the Exchange, 24.6.2024 at 11:00 EEST
New shares of Lindex registered with the Finnish Trade Register
As previously announced by Lindex Group plc (“Lindex” or the “Company”), the Board of Directors of the Company has decided to issue 2,599,852 new shares of the Company (the “Conversion Shares”) in deviation from the shareholders’ pre-emptive subscription rights to creditors of the Company whose previously conditional or disputed restructuring debts under the Company’s restructuring programme approved by the Helsinki District Court on 9 February 2021 (as amended, the “Restructuring Programme”) have been confirmed to their final amounts by 13 June 2024 (the “Share Issue”) and has approved the subscriptions made in the Share Issue. Lindex announced the Share Issue on 19 June 2024.
The total of 2,599,852 Conversion Shares subscribed for in the Share Issue have been registered in the Finnish Trade Register maintained by the Finnish Patent and Registration Office today on 24 June 2024. Following the registration of the Conversion Shares, the total number of issued shares in the Company is 161,622,896.
The Conversion Shares will confer same rights as the Company’s other shares, including a right to dividends and other shareholder rights, as of their registration in the Finnish Trade Register and recording on the book-entry accounts of the subscribers. The recording on the book-entry accounts of the subscribers is expected to take place on or about 26 June 2024. Trading with the Conversion Shares is expected to commence on or about 26 June 2024 under the trading code “LINDEX”.
Further information:
Jukka Naulapää, Chief Legal Officer, tel. +358 50 389 0013
LINDEX GROUP plc
Susanne Ehnbåge
CEO
Distribution:
Nasdaq Helsinki
Principal media
Lindex Group plc is an international multichannel retail group with two divisions: Lindex and Stockmann. Lindex is a global fashion company with a purpose to empower and inspire women everywhere. Its three strong categories include women’s and kids’ wear as well as lingerie, where it is a market leader in the Nordics. Stockmann is a premium multi-brand retailer with department stores in Finland and the Baltics. Its purpose is to be a marketplace for a good life. In 2023, the Lindex Group’s revenue was EUR 952 million and it had some 5 800 employees. The Group’s roots lie in the Stockmann company founded in 1862 and its shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.lindex-group.com