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XXL

Director's Dealing • Apr 30, 2020

3793_dirs_2020-04-30_f755cbfe-dcb2-4e77-818a-8a14cb78f8b2.html

Director's Dealing

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XXL ASA – Mandatory notification of trade

Reference is made to the stock exchange notice dated 30 April 2020 where Dolphin Management AS announced its contemplated sale of existing shares in XXL ASA. Following completion of the bookbuilding process, Nordkronen II AS has bought 2,220,000 shares in XXL ASA at a price of NOK 9.00 per share. Nordkronen II AS is controlled by Pål Wibe, CEO and primary insider in XXL ASA. Following this transaction, Pål Wibe owns 2,220,000 shares in XXL ASA (through Nordkronen II AS) including closely related parties.

This information is subject to the disclosure requirements pursuant to sections 4-2 and 4-3 of the Norwegian Securities Trading Act.