ICA Gruppen AB: Norwegian Competition Authority Extends Its Review

Regulatory News:

ICA Gruppen AB (STO:ICA)

The Norwegian Competition Authority has announced that it will continue its review of Coop Norway’s acquisition of ICA Norway. The review process can take a maximum of 130 working days which means that a final decision will be notified no later than 18 May 2015.

The Authority can choose to conduct a short (known as Phase 1) or a longer (Phase 2) review. The Authority has today announced that it chooses to conduct a longer review.

The Authority has a maximum of 130 working days in which to reach a decision. Coop submitted its notification of the transaction on 5 November so the latest date on which a decision can be notified is 18 May 2015.

ICA Gruppen AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.45 CET on Tuesday, 9 December 2014

ICA Gruppen AB (publ) is one of the Nordic region’s leading retail companies, with around 2,300 of its own and retailer-owned stores in Sweden, Norway, Estonia, Latvia and Lithuania. The Group includes the retail companies ICA Sweden, ICA Norway and Rimi Baltic, ICA Real Estate, which owns and manages properties and ICA Bank, which offers financial services to Swedish customers. The Group also includes the wholly owned portfolio company inkClub and partly owned portfolio companies Cervera and Hemtex. For more information see icagruppen.se (http://www.icagruppen.se)

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