Lindex Group Oyj: Lindex Group continues investigating strategic alternatives for the Stockmann department stores business

LINDEX GROUP plc, Other information disclosed according to the rules of the Exchange, 17.12.2024 at 16.30 EET

Lindex Group continues investigating strategic alternatives for the Stockmann department stores business

Lindex Group plc's (former Stockmann plc) Board of Directors initiated in September 2023 a strategic assessment to crystallise shareholder value by refocusing the Group's business on Lindex. As part of the strategic assessment, Lindex Group is investigating strategic alternatives for the Stockmann department stores business.

Lindex Group's Board of Directors continues the strategic assessment and expects it to be finalised during the first half of 2025. Initially, the Board expected the evaluation to be finalised during 2024. Lindex Group will provide an update on the assessment when appropriate.

Lindex Group plc's restructuring programme started in 2021. The programme has continued to progress during 2024, and all confirmed undisputed debts have been paid. On 17 December 2024, the restructuring programme had one disputed claim remaining.

LINDEX GROUP plc

Susanne Ehnbåge
CEO

Further information:
Marja-Leena Dahlskog, Head of Communications & IR, tel. +358 (0)50 502 0060 or investor.relations@stockmann.com

Distribution:
Nasdaq Helsinki
Principal media