XIN Holding Guernsey Limited, a subsidiary of EQT V Limited has today sold 19,465,041 shares in XXL, representing its entire holding of 14.1% of the share capital and voting rights, by way of an accelerated bookbuilt offering to institutional and other professional investors. The shares were sold at a price of NOK 83 per share. Following the transaction, XIN Holding Guernsey Limited no longer owns any shares in XXL. Anders Misund, representing XIN Holding Guernsey Limited on the board of directors of XXL, has informed XXL that he will resign from the board following the share sale.
Carnegie acted as joint bookrunner.