At Kjell Group AB (publ)'s (the "Company") Extraordinary General Meeting on 10 March 2025, the following resolutions were made, among others.
Approval of the Board of Directors' resolution on a new share issue with preferential rights for the shareholders
The Extraordinary General Meeting resolved to approve the Board of Directors' resolution of 19 February 2025 on a new share issue of approximately SEK 199.1 million before deduction of issue costs with preferential rights for the Company's shareholders. According to the complete terms and conditions for the new share issue published on 19 February 2025, the Company's share capital shall be increased by a maximum of SEK 463,328.918412, the number of shares may be increased by a maximum of 28,036,362 shares, the subscription price shall be SEK 7.10 per share and each existing share held on the record date of 12 March 2025 entitles to one (1) subscription right. Ten (10) subscription rights entitle to subscription of nine (9) shares. The subscription period runs during the period from 14 March 2025 up to and including 1 April 2025, or such later date as the Board of Directors decides.
For further information on the resolutions, reference is made to the notice and the proposals included therein, which are available on the Company's website, www.kjellgroup.com.
The minutes of the Extraordinary General Meeting will be kept available on the Company's website.
The information was submitted for publication, through the agency of the contact person below, at 11:30 CET on 10 March 2025.
For further information
Andreas Rylander, CEO
+46 (0) 73 5181 001
andreas.rylander@kjell.com
About Us
Kjell Group offers one of the most comprehensive assortment of electronic accessories on the market. The company operates online in Sweden, Norway, and Denmark, as well as through 145 service points, including 114 in Sweden and 31 in Norway. Headquartered in Malmö, the company generated SEK 2.6 billion in revenue in 2024.
With Kjell & Company's customer club, which boasts over 3 million members, and its Danish subsidiary AV-Cables, the Group has a unique understanding of people's technology needs. Approximately 1,350 employees work every day to improve lives through technology.
Learn more at kjell.com or kjellgroup.com
Follow us on LinkedIn, Facebook, Instagram
