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Board member in MQ sells shares due to private financial reasons

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Board member of MQ Holding AB, Bengt Jaller has today sold 2 462 000 shares in MQ, which are 2.3% of the total number of shares in MQ. After the transaction Bengt Jaller owns 600 000 shares in MQ.  

Bengt Jaller comments ”Due to private financial reasons I sold shares but I have no intention to sell any further shares. I have a strong faith in the change journey initiated by MQ and look forward to the continued development”.

For further information, please contact:

Marie Sandahl, IR-chef, +46 (0)31- 388 80 42

This information is information that MQ Holding AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation and the Securities Market Act. The information was released for public disclosure through the agency of the contact person set above on 17th of January, 2020 at 19.00 CET.

MQ Holding AB owns and runs retail stores specialised in fashion and accessories under the three business areas Marqet, MQ and Joy. In 2020, all MQ's stores will be converted into concept stores under the name Marqet. Marqet is a concept store chain that offers women's and men's fashion and new exciting product categories adapted for a contemporary work-life. MQ is Sweden's largest brand chain with a mix of own and external brands and offers a wide range of apparel for men and women with a high interest in fashion. Joy focuses on midlife women interested in fashion, which keeps valuing high quality, fit and comfort. The three business areas comprise 159 stores and e-commerce. The MQ Holding stock has been listed at NASDAQ OMX Stockholm since June 18, 2010. For further information, see www.mq.

 

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