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XXL ASA ( (GB:0R3P) ) just unveiled an update.
XXL ASA has announced a fully underwritten rights issue worth NOK 600 million at NOK 10 per share, agreed upon by its largest shareholders. This move led to the withdrawal of Frasers Group’s proposal for an investigation, resulting in the cancellation of planned extraordinary general meetings and the scheduling of a new meeting to discuss the rights issue.
More about XXL ASA
XXL ASA is a leading sports retailer operating in Norway, Sweden, and Finland, recognized as the largest among major sports retailers in the Nordics. The company offers a comprehensive range of sports, hunting, skiing, biking, and outdoor activity products, emphasizing large stores, competitive pricing, and a wide assortment of branded goods.
YTD Price Performance: -1.01%
Average Trading Volume: 3,641
Technical Sentiment Consensus Rating: Buy
Current Market Cap: NOK259.9M
For detailed information about 0R3P stock, go to TipRanks’ Stock Analysis page.
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