Hakon Invest AB : The Association of ICA Retailers approves participation in Hakon Invest's new issue NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN OR TO THE UNITED STATES, AUSTRALIA, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTH AFRICA OR NEW ZEALAND OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE IS PROHIBITED. An extraordinary members' meeting of ICA-handlarnas Förbund (the Association of ICA Retailers) held on Wednesday, March 13, 2013, approved the Association of ICA Retailers' participation in Hakon Invest's planned new issue. Hakon Invest's agreement with Ahold on acquisition of the remaining 60% of the shares in ICA was conditioned upon approval from an Association of ICA Retailers' members' meeting of the Association's participation in the planned new issue. Hakon Invest previously received approval from the competition authorities in Sweden and Norway. The acquisition of ICA is also conditioned upon ownership assessment in the ICA Bank by the Swedish Financial Supervisory Authority. A decision from the Swedish Financial Supervisory Authority is expected in March 2013. For further information, please contact: General Counsel Fredrik Hägglund tel. +46 8 55 33 99 08 Head of Investor Relations Pernilla Grennfelt tel. +46 8 55 33 99 55 The information herein is such that Hakon Invest AB must disclose pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication at 15.00 CET on Wednesday, March 13, 2013. Hakon Invest, which is listed on Nasdaq OMX Stockholm, conducts active and long-term investment operations in retail-oriented companies in the Nordic and Baltic region. Hakon Invest owns 40% of ICA AB, the Nordic region's leading retail company with a focus on food. The portfolio also includes shares in Forma Publishing Group, Kjell & Company, Cervera, inkClub and Hemtex. Further information about Hakon Invest is available at www.hakoninvest.se 130313 Press Release (PDF) ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Hakon Invest AB via Thomson Reuters ONE HUG#1684627
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Hakon Invest AB : The Association of ICA Retailers approves participation in Hakon Invest's new issue
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