XXL ASA (GB:0R3P) has released an update.
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XXL ASA, a leading Nordic sports retailer, announces the close of its subscription period for the offering of new ordinary shares today, with details and procedures outlined in the prospectus approved by Norway’s Financial Supervisory Authority. The subsequent offering includes up to 85,714,285 new shares, aiming to expand its one-stop-shop experience across Norway, Sweden, and Finland. Shares not subscribed by the deadline will lapse without compensation.
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