Wigge & Partners has advised Seamless Distribution AB (publ) in connection with the spin-off and listing of its subsidiary Seamless Distribution Systems AB

21 July 2017

Wigge & Partners has advised Seamless Distribution AB (publ) (“Seamless”), listed on Nasdaq Stockholm small cap, in connection with the divestment of the majority of the shares in its subsidiary Seamless Distribution Systems AB (“SDS”) and the subsequent listing of SDS on Nasdaq First North Premier.

The divestment was made by way of allocating purchase rights (Sw. Inköpsrätter) to Seamless’ shareholders pro rata in relation to each shareholder’s holdings of Seamless shares as per the record date, whereby each Seamless share entitled its holder to one purchase right, and ten purchase rights in turn entitled the holder to acquire one share in SDS for SEK 36.