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    Rite Ventures has completed the acquisition of the shares in Qliro Group from Kinnevik

    2020-09-18 08:00

    Press release, Stockholm, 18 September 2020

    Qliro Group announced on June 11, 2020 that the company had been informed that its two largest shareholders, Kinnevik and Rite Ventures, had entered into an agreement meaning that Rite Ventures would acquire 36,021,945 shares in Qliro Group from Kinnevik. The transaction was conditional on approval from the Swedish Financial Supervisory Authority, which has now been announced. This means that the transaction now has been completed and that Rite Ventures is the largest shareholder in Qliro Group with 25.06 percent of the total number of shares in Qliro Group.

    For more information
    Niclas Lilja, Investor Relations
    +46 736 511 363

    About Qliro Group
    Qliro Group operates the leading Nordic marketplace CDON, the online fashion brand and Qliro AB that offers financial services to merchants and consumers. In 2019 the Group had sales of SEK 2.9 billion. Qliro Group’s shares are listed on the Nasdaq Stockholm Mid-Cap segment under the ticker symbol QLRO.