Sinch resolves on an issue of shares to the sellers of MessageMedia
Stockholm, Sweden – 28 April 2022 – Sinch AB (publ), a global leader in cloud communications and mobile customer engagement, today announces that the board of directors, in accordance with what was communicated by press release on 5 November 2021, has resolved on a share issue of 10,803,010 shares to the sellers of MessageMedia. On 9 June 2021, Sinch disclosed that it had entered into an agreement to acquire MessageMedia and the acquisition was completed on 5 November 2021. In addition to the cash consideration, Sinch is to issue an aggregate of 11,284,870 new shares to the sellers, of