Nordea Bank AB (publ) subscribed for and was allotted the entire issue of new class C shares at a subscription price corresponding to the quota value of the share of SEK 2.00 per share. The entire issue of class C shares has thereafter been repurchased by CDON Group for SEK 2.00 per share.
The purpose of the issue and repurchase of Class C shares is to enable the future delivery of ordinary shares to employees participating in CDON Group's incentive programme. The class C shares will be converted into ordinary shares prior to delivery to qualifying participants. Class C shareholders are not entitled to dividend payments.
For further information please visit cdongroup.com or contact:
Nicolas Adlercreutz, CFO
Tel: +46 (0) 70 587 4488
Fredrik Bengtsson, Head of Communications
Tel: +46 (0) 700 80 75 04
Email: press@cdongroup.com, ir@cdongroup.com
The information in this announcement is that which CDON Group AB is required to disclose under the Swedish Financial Instruments Trading Act and/or the Securities Markets Act. This information was released for publication at 18:00 CET on 3 September 2013.
About CDON Group
CDON Group is the leading e-commerce group in the Nordic region. Since the start in 1999, the Company has expanded and broadened its product portfolio and is now a leading e‐commerce player within Entertainment (CDON.com and Lekmer.com), Fashion (Nelly.com and Members.com), Sport & Health (Gymgrossisten.com, Bodystore.com and Milebreaker.com) and Home & Garden (Tretti.com and Rum21.se). CDON Group’s internet stores attracted around 244 million visits and more than two million unique customers during 2012.
