2021-04-09 18:45:00 CEST

2021-04-09 18:45:15 CEST


REGULATED INFORMATION

English
Stockmann - Other information disclosed according to the rules of the Exchange

Shares issued in Stockmann plc's directed share issue without payment, the combination of share classes and a reduction of the share capital registered with the Trade Register


STOCKMANN plc, Other information disclosed according to the rules of the
Exchange 9.4.2021 at 19:45 EET

On account of the combination of the A and B share classes of Stockmann plc (the
“Company”), a total of 3,053,086 new shares issued to holders of A shares in a
directed share issue without payment have been registered with the Trade
Register on 9 April 2021, in accordance with the resolution made by the Annual
General Meeting on 7 April 2021. Simultaneously, the combination of the
Company's share classes as well as the amendments to the Articles of Association
related thereto have been registered with the Trade Register. The new Articles
of Association are attached to this stock exchange release.

The new shares carry full shareholder rights as of the moment of their
registration. After the registration of the new shares and the combination of
share series, the total amount of the Company’s shares is 75,101,769 shares. The
total amount of votes that the shares in the Company carry after the
registration is 75,101,769 votes.

Trading in the new shares is expected to commence together with the current
shares under ISIN code FI0009000251 and the new trading code STOCKA on or about
12 April 2021.

In addition to the share issue and the combination of the share classes, the
Trade Register has on
9 April 2021, in accordance with the resolution of the Annual General Meeting on
7 April 2021, registered a reduction of the share capital by EUR 66,540,827.74
to cover accumulated losses. After the reduction of the share capital, the
Company’s share capital amounts to EUR 77,556,538.26. The Company has also
applied for notice to be given to creditors in order to further reduce the share
capital by EUR 67,556,538.26 and to transfer these funds into the invested
unrestricted equity fund. The last-mentioned reduction of the share capital in
order to transfer the funds into the invested unrestricted equity fund is
conditional upon a creditor protection procedure in accordance with the Finnish
Companies Act, and it will be registered after the notice procedure, provided
that the Company's creditors do not object to the reduction.

Further information:
Jukka Naulapää, Chief Legal Officer, tel. +358 9 121 3850

www.stockmanngroup.com

STOCKMANN plc

Jari Latvanen
CEO

Distribution:
Nasdaq Helsinki
Principal media