Fredrikstad,21 March 2024 : Reference is made toEuropris ASA's stock exchange notice of31 January 2024 , notifying aboutEuropris ASA's exercise of the option to buy the remaining 80 per cent ofRunsvengruppen AB . The share purchase agreement to acquire the remaining shares inRunsvengruppen AB was entered into today. The final purchase price isNOK 200.5 million of whichNOK 13 million will be paid in cash andNOK 187.5 million will be paid withEuropris treasury shares (2,579,678 shares at an implied value ofNOK 72.70 per share, reflecting the proposed dividend ofNOK 3.25 perEuropris share). TheEuropris consideration shares will be subject to a customary 12-month lock-up. The lock-up for the initial consideration shares delivered in 2019 is no longer in force (the remaining balance of the initial consideration shares is 1,449,898 shares). Closing and settlement is subject toForeign Direct Investment (FDI) approval from Swedish authorities. Anticipated closing of the transaction is inMay 2024 . The group will provide the market with more information about operational plans for ÖoB at a later stage. For further inquiries, please contact: CEOEspen Eldal ,Europris , espen.eldal@europris.no, +47 48 29 24 24 CFOStina Charlene Byre ,Europris , stina.byre@europris.no, +47 41 10 58 08
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