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2016-08-31

Qliro Group AB (publ.): The sale of Tretti completed

Qliro Group AB (publ) today announced that the company has completed
the sale of the subsidiary Tretti to WhiteAway after approval from
the Swedish Competition Authority.

On 15 June 2016, Qliro Group announced that the company had entered
into an agreement to sell the subsidiary Tretti AB to WhiteAway. The
total consideration amounts to SEK 250 million in cash for all shares
in Tretti AB and the wholly owned subsidiary Tretti Danmark ApS and
corresponds to an enterprise value of approximately SEK 180 million
before transaction costs. The transaction has now been completed
after approval from the Swedish Competition Authority.

For further information, please visit www.qlirogroup.com, or contact:
Marcus Lindqvist, CEO
Tel: +46 (0)10 703 20 00
Questions from media, investors and research analysts:
Erik Löfgren, Head of Communications
Tel: +46 (0) 700 80 75 06
E-mail: press@qlirogroup.com, ir@qlirogroup.com

About Qliro Group
Qliro Group is a leading e-commerce group in the Nordic region. Since
the start in 1999, the Group has expanded and broadened its product
portfolio and is now a leading e-commerce player in consumer goods
and lifestyle products through CDON.com, Lekmer, Nelly (Nelly.com,
NLYman.com, Members.com) and Gymgrossisten
(Gymgrossisten.com/Gymsector.com, Bodystore.com, Milebreaker.com and
Fitness Market Nordic). The group also comprises the payment and
consumer financing solution Qliro. In 2015, the group generated over
4.4 billion SEK in revenue. Qliro Group's shares are listed on Nasdaq
Stockholm's Mid-cap list under short name "QLRO".

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http://news.cision.com/qliro-group-ab--publ-/r/the-sale-of-tretti-comple...
http://mb.cision.com/Main/53/2068908/555918.pdf

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