Home / Knowledge / News / Apparel/Garments / KappAhl applies for de-listing and postpones AGM

KappAhl applies for de-listing and postpones AGM

Oct '19
Pic: KappAhl
Pic: KappAhl
Mellby Gård declared the public offer for KappAhl unconditional on October 7. Subsequently, the board of directors of KappAhl has at the request of Mellby Gård, resolved to apply for de-listing of its shares from Nasdaq Stockholm. The last day of trading in KappAhl’s shares on Nasdaq Stockholm will be announced as soon as it receives confirmation from Nasdaq Stockholm.

Mellby Gård controls more than 90 per cent of the shares in KappAhl and has initiated compulsory redemption proceedings regarding the remaining shares in the company. 

Due to the resolution to de-list the company’s shares, the board of directors of KappAhl has resolved to postpone the Annual General Meeting (AGM), which was previously intended to be held on December 6, 2019. The board of directors intend to revert with a new date for the Annual General Meeting 2019.

As requested by Mellby Gård and as announced in a separate press release, the board of directors of KappAhl has further convened an Extraordinary General Meeting to be held on November 7, 2019, for the purposes of, amongst other things, appointing a new board of directors.

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with 380 KappAhl and Newbie stores, including Shop Online, in Sweden, Norway, Finland, Poland and Great Britain. Its business idea is to offer value-for-money fashion of its own design to the many people.

Fibre2Fashion News Desk (PC)

Must ReadView All

Pic: Shutterstock

Textiles | On 24th Nov 2020

UK secures vital rollover trade deal with Canada

The UK and Canada have locked in their existing trading relationship, ...

Pic: Shutterstock

Textiles | On 24th Nov 2020

'No deal' Brexit to badly affect T&C industry: EURATEX

A 'no deal' Brexit would have a detrimental impact on the textile and ...

Pic: Shutterstock

Apparel/Garments | On 24th Nov 2020

Women hit hard by COVID-19 impact on garment sector: ILO

The impact of COVID-19 on garment sector women has worsened due to...

Interviews View All

Smith Vaghasia, Sanado India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Headhonchos, Indian fashion industry

Indian fashion industry

Organic the first choice of any environment-conscious person

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Nick Isles,

Nick Isles

The Condé Nast College of Fashion & Design or CNC as it is known as,...

Martina Giorgetti,

Martina Giorgetti

Italy-based Cibitex is a manufacturer of textile finishing machinery,...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Kevin Nelson, TissueGen

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Dave Rousse, INDA

Dave Rousse

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search