Seamless Distribution Systems AB (SDS) has recently been spun off from Seamless Distribution AB (SDAB) and is traded on Nasdaq First North Premier since July 21. As of June 30, SDS was still a wholly-owned subsidiary of SDAB, why SDS will be included in the SDAB Group's accounts in the report for the second quarter of 2017, which SDAB will publish on August 10. SDS will publish a report for the SDS Group, and will therefore bring forward the date of publication of the report for the second quarter one day until August 10, instead of August 11, to coordinate the information publication with SDAB.
SDAB currently owns over 20% of the shares in SDS. For the third quarter, SDAB will therefore report its share in SDS earnings. As this is market sensitive information for both companies, SDS will bring forward its report for the third quarter to November 13, instead of November 22.
August 4, 2017
For additional information, please contact:
Albin Rännar, CEO
+46 70 444 52 52
This information was submitted for publication, through the agency of the contact person set out above, at 8:45 CET on August 4, 2017.
SDS is a profitable and stable Swedish software company with solutions for electronic distribution of services to private consumers through mobile operators in growth markets. The company offers its corporate customers comprehensive solutions for digital transactions. The company has customers in 28 markets that reach over 200 million mobile consumers through more than 675,000 retailers. SDS has about 150 co-workers in Sweden, Belgium, Ghana, Guinea, USA, Pakistan, India, Ecuador and the United Arab Emirates.
With over 16 years of experience, SDS focuses on high level of customer satisfaction and efficient development. SDS manages over 5.3 billion transactions annually and enables the growing population of emerging markets to become part of the mobile revolution.
Mangold Fondkommission AB, telephone +46 (0)8-5030 1550, is Certified Adviser for SDS.