Invuo Technologies AB ("Invuo") and Seamless Distribution Systems AB ("SDS") has agreed to a write down of SDS' debt to Invou with an amount of Sek15m. SDS's outstanding debt to Invuo will then be reduced from Sek50m to Sek35m. As part of the agreement, the interest rate on the remaining loan provided to SDS by Invuo will be increased from 8 percent per annum to 10 percent per annum. The agreed transaction will be executed before December 31, 2017.
For more information please contact:
Gunnar Jardelöv, chairman
+4 6 708 34 81 48.
This information is information that Seamless Distribution AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. Submitted for publication December 29, 2017 at 08:50 CET.