Seamless Distribution AB announces today that the directed share issue that was announced in a press release on March 18, 2022, is fully subscribed. The company will receive SEK 20 million.
The share issue was aimed at seven major existing owners, most of whom were previously part of the consortium that has supported the company since the listing in 2017. The subscription price per share amounted to SEK 37. See the separate press releases from March 18, 2022, for more information regarding the directed share issue.
"We are very pleased with the outcome of this directed share issue, and we thank the seven existing owners who participate in this fully subscribed issue" - says Mats Victorin, CEO of Seamless Distribution Systems.
For more information contact:
Chief Financial Officer
+46 70 438 14 42
SDS is a Swedish international software company that that specializes in mobile payment services for mobile operators, distributors, retailers and consumers. SDS ensures that Telecom operators can sell their telephone subscriptions, where SDS products and services handle up to 90% of the Telecom operator's sales. Today, SDS have implemented solutions in fintech, advanced analysis and where these solutions have succeeded, they are transformed into so-called SaaS solutions.
SDS has approximately 320 employees in Sweden, France, Belgium, Romania, South Africa, Ghana, Nigeria, United Arab Emirates, Pakistan, India and Indonesia
SDS systems handles more than 15 billion transactions worth over USD 14 billion anually. Via over 3 million monthly active resellers of digital products, more than 1100 million consumers are indirectly served globally.
The company's Certified Adviser is FNCA Sweden AB, phone 08-528 00 399.