XXL ASA - Mandatory notification of trade

Dolphin Management AS, a closely related party and a company controlled by Chairman of the Board of Directors in XXL ASA and primary insider Øivind Tidemandsen, has today sold 2,400,000 shares in XXL ASA at a price of NOK 25.00 per share. Following this transaction, Mr. Tidemandsen owns 31,650,000 shares in XXL ASA (through Dolphin Management AS) including closely related parties.


This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.