STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
As a result of the rights issue, resolved upon by the Board of Directors in KappAhl AB (publ) (“KappAhl”) on October 23, 2012 and approved by the Annual General Meeting on November 28, 2012, the number of shares and votes in KappAhl has increased with 225,120,000. Tot total number of shares and votes in KappAhl on January 31, 2013 amounts to 450,240,000.
KappAhl was founded 1953 and is a leading Nordic fashion chain with close to 400 stores and 4,500 co-workers in Sweden, Norway, Finland, Poland and the Czech Republic. KappAhl designs, markets and sells value-for-money fashion and focus in particular on women 30-50 years of age. In 1999, KappAhl was the first fashion chain to receive environmental management standard certification. During the financial year 2011/2012, KappAhl had sales of SEK 4.6 billion. KappAhl shares are listed on the NASDAQ OMX Stockholm. Further information is available at www.kappahl.com
KappAhl AB (publ) discloses the information provided here pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on January 31, 2013 at 07:30 a.m.
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