Intended merger between Collector AB and Collector Bank AB
The Board of Collector AB (publ) (“Collector AB”) announces the intention to initiate a process to merge Collector AB with its wholly owned subsidiary Collector Bank AB (“Collector Bank”). The purpose of the merger is to further simplify the corporate structure, achieve a more efficient use of internal resources and to optimize the capital position. Collector AB will through the merger be absorbed by Collector Bank, which will be the remaining entity after the merger. The operations of the Group remain unchanged. The merger is intended to be completed during the second half of 2022.