Accell Group sees strong recovery of bike sales in May and secures robust access to liquidity

HEERENVEEN (THE NETHERLANDS), 12 June 2020. Accell Group N.V. announces that bike sales in May rebounded after weak March and April sales. In parallel, we have arranged an additional credit facility as a precautionary action to secure robust access to liquidity in light of the uncertainty and volatility caused by the COVID-19 pandemic.