Formpipe has entered into an agreement to acquire the remaining shares in the subsidiary Formpipe Intelligo AB
Formpipe Software AB (publ) (”Formpipe”) has entered into an agreement to acquire the remaining 35.1 per cent of the shares in the subsidiary Formpipe Intelligo AB ("Formpipe Intelligo") by issue of new shares against payment with non-cash consideration. According to the agreement, Formpipe acquires the minority stake of 35.1 per cent of the shares in Formpipe Intelligo from Staffan Hugemark, Board member and CEO of Formpipe Intelligo, with a purchase price amounting to SEK 10.7 million. Payment shall be made with not more than 909,090 newly issued shares in Formpipe. The final number of