ICA Gruppen divests InkClub

ICA Gruppen has signed an agreement on the sale of the subsidiary InkClub, for a
purchase price of SEK 322 million.
ICA announced March 17 that a review of the ownership of InkClub would be
initiated. Thereafter began a sale process that has now been completed. The
buyer is InkClub’s founder, Lennart Nyberg. The purchase price is SEK 322
million for the shares in the company, which after transaction costs will entail
an estimated capital loss for ICA Gruppen of SEK 30 million. The sale is
expected to be completed during the month of June.

“Since the business has limited synergies with our core business, after
conducting a review of our ownership we have decided to sell InkClub,” comments
Liv Forhaug, Chief Strategy Officer, ICA Gruppen. “Our plan for the portfolio
companies and the streamlining of ICA Gruppen’s holdings has thereby been fully
carried out.”

InkClub is one of Sweden’s oldest e-commerce companies and has been owned by ICA
Gruppen since 2007. Today the company conducts business in 10 countries and has
a wide offering of consumables. In 2015 InkClub had sales of approximately SEK
500 million and an operating profit of SEK 17.5 million.

ABG Sundal Collier has served as financial adviser, and the law firm Lindahl has
served as legal adviser to ICA Gruppen in connection with the transaction.

For more information
ICA Gruppen press service, Tel.: +46 10 422 52 52

ICA Gruppen 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 08.30 CET on Monday 20, June 2016.
ICA Gruppen AB (publ) is a leading retail company with a focus on food and
health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct
grocery retail, ICA Real Estate which owns and manages properties, ICA Bank
which offers financial services and Apotek Hjärtat which conducts pharmacy
operations. The Group also includes the companies Hemtex and inkClub. For more
information see icagruppen.se