STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Paul Frankenius is resigning from the Board of directors at KappAhl AB (publ).
Paul Frankenius is resigning from the Board of directors at KappAhl AB (publ) because of new commitments similar to those at KappAhl. Paul Frankenius has been a member of the Board at KappAhl since 2006 and was previously Vice President of the Company from 2002.
– We want to thank Paul Frankenius for his meritorious services in the company and wish him all the luck in the future, says Anders Bülow, Chairman of the Board.
After Paul Frankenius resignation, the Board of directors comprises four elected board members, two employee representatives and two deputies for the employees. The Nomination Committee will introduce proposals of candidates for the Board of directors in time for the Annual General Meeting on 3 December 2014 to return.
KappAhl AB (publ) discloses the information provided here pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 26 June 2014 at 07:45 a.m..
For further information, please contact:
Johan Åberg, President and CEO, tel 46 706 09 99 73, email email@example.com
Charlotte Högberg, Head Public Relations, tel 46 70 471 56 31, email firstname.lastname@example.org
KappAhl, founded in 1953, is one of the Nordic region’s leading fashion retailers with close to 400 stores in Sweden, Norway, Finland and Poland, and Shop Online. KappAhl offers value-for-money fashion of its own design to the many people – men, women and children, with a special focus on women in the prime of life. 18% of the range is sustainability labeled. In 2012/2013, sales were SEK 4.8 billion and the number of employees approximately 4,500. KappAhl is quoted on Nasdaq OMX Stockholm. For more information, go to www.kappahl.com.
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