RNB subsidiaries apply to extend company reorganisations

RNB Retail and Brands AB (publ) subsidiaries have today to the Stockholm District Court applied to extend their ongoing company reorganisations (Sw. företagsrekonstruktioner).

In the same applications the Companies petitioned a deferral to, and including, July 1, 2020 to complete the applications. By that date at the latest, the companies will present settlement proposals to the creditors. With the applications the companies’ company reorganisations continue until a formal decision to extend has been made by the District Court.

For further information, please contact:

Kristian Lustin, CEO, Phone +46 8 410 520 00, e-mail: kristian.lustin@retailandbrands.se

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The information was submitted for publication, through the agency of the contact persons set out above, on June 22, 2020.

RNB RETAIL AND BRANDS owns, operates and develops fashion wear, ready-to-wear clothing, accessories, jewelry and cosmetics stores and e-commerce that focus on providing excellent service and a world-class shopping experience. Sales are conducted through the concepts Brothers, Departments & Stores, Man of a kind and Polarn O. Pyret. The Group has around 210 stores and e-commerce platforms in 10 countries. RNB RETAIL AND BRANDS is listed on Nasdaq Stockholm (RNBS). www.rnb.se