Today the Reitan Group has published a press release in which the Group announces that is exploring options for divesting its financial holdings of 15.6 percent of the capital and votes in Axfood. The Reitan Group has been a shareholder in Axfood since 2008 and is represented in Axfood’s Board of Directors. In the same press release the Reitan Group states that Odd Reitan declines re-election to Axfood’s Board of Directors.
For further information please contact:
Cecilia Ketels, Head of Investor Relations, Axfood AB, +46 72 23 606 43
Karin Hygrell-Jonsson, Chief Financial Officer, Axfood AB, +46 70 662 69 70
The information in this press release is such that Axfood is required to disclose in accordance with the Securities Market Act. Submitted for publication at 12.03 p.m. (CET) on 21 December 2015.
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Axfood aspires to be the leader in good and sustainable food. Our family of companies includes the store chains Willys and Hemköp as well as Tempo, Handlar’n and Direkten. B2B sales are handled through Axfood Snabbgross, and our support company Dagab is responsible for the Group’s product development, purchasing and logistics. The Axfood family also includes Mat.se, Middagsfrid and Urban Deli as well as the partly owned companies Apohem and Eurocash. Together the Group has more than 10,000 employees and sales of nearly SEK 50 bn. Axfood has been listed on Nasdaq Stockholm since 1997, and the principal owner is Axel Johnson AB. Read more at www.axfood.se