Lindex Group - Other information disclosed according to the rules of the Exchange

Lindex has decided on a directed share issue of 2,599,852 new shares in accordance with its restructuring programme to creditors of confirmed restructuring debts; the Company files listing application

LINDEX GROUP plc, Other information disclosed according to the rules of the
Exchange, 19.6.2024 at 14:30 EEST

Lindex has decided on a directed share issue of 2,599,852 new shares in
accordance with its restructuring programme to creditors of confirmed
restructuring debts; the Company files a listing application

The directed share issue
Lindex Group plc's (“Lindex” or the “Company”) Annual General Meeting resolved
on 7April 2021, in accordance with the terms of the Company's restructuring
programme approved by the Helsinki District Court on 9 February 2021 (as
amended, the “Restructuring Programme”), to authorize the Board of Directors of
the Company to decide on the directed issuance of at most 30,000,000 new shares
of the Company to the creditors of conditional and disputed debts as well as the
creditors of restructuring debt that will be determined later during the
Restructuring Programme, to enable conversion of parts of their receivables into
shares in the Company.

The Company's Board of Directors has today on 19 June 2024 decided, in
accordance with the Restructuring Programme and pursuant to the authorization
granted by the Annual General Meeting, to issue 2,599,852 new shares of the
Company (the “Conversion Shares”) in deviation from the shareholders' pre
-emptive subscription rights to creditors of the Company whose previously
conditional or disputed restructuring debts under the Restructuring Programme
have been confirmed to their final amounts by 13 June 2024 (the “Share Issue”)
and has approved the subscriptions made in the Share Issue.

The subscription price in the Share Issue was EUR 0.9106 per share, which has
been paid by setting off restructuring debt in accordance with the Restructuring
Programme. As a result of the Share Issue, the total number of shares in the
Company will increase by 2,599,852 shares to a total of 161,622,896 shares.

After the Share Issue, the Company will continue to have restructuring debt
under the Restructuring Programme that is disputed, conditional or maximum
amount, in respect of which the amount subject to the payment programme will be
confirmed later, and the creditors of such restructuring debt will be entitled
to conversion after their respective restructuring debt receivables have been
confirmed.

Registration and listing of the shares
The Conversion Shares will be registered in the Finnish Trade Register on or
about 24 June 2024 and recorded on the book-entry accounts of the subscribers on
or about 26 June 2024. The Conversion Shares will, as of their registration in
the Finnish Trade Register and recording on the book-entry accounts of the
subscribers, confer the same rights as the Company's other shares.

Lindex will today also submit an application for the Conversion Shares to be
admitted to trading on the official list of Nasdaq Helsinki Ltd. Trading with
the Conversion Shares is expected to commence on or about 26 June 2024 under the
trading code “LINDEX”.

Further information:
Jukka Naulapää, Chief Legal Officer, tel. +358 50 389 0013

LINDEX GROUP plc

Susanne Ehnbåge
CEO

Distribution:
Nasdaq Helsinki
Principal media

Lindex Group plc is an international multichannel retail group with two
divisions: Lindex and Stockmann. Lindex is a global fashion company with a
purpose to empower and inspire women everywhere. Its three strong categories
include women's and kids' wear as well as lingerie, where it is a market leader
in the Nordics. Stockmann is a premium multi-brand retailer with department
stores in Finland and the Baltics. Its purpose is to be a marketplace for a good
life. In 2023, the Lindex Group's revenue was EUR 952 million and it had some 5
800 employees. The Group's roots lie in the Stockmann company founded in 1862
and its shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.lindex
-group.com (https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.
lindex
-group.com%2F&data=05%7C02%7Cchristian.goingberg%40cision.com%7C26110e9475bc4a4f3
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