Momentum Group publishes prospectus

Report this content

Alligo AB (publ)’s (“Alligo”) subsidiary Momentum Group AB (publ) (“Momentum Group”) has today published the prospectus prepared ahead of the admission to trading of Momentum Group’s Class B shares on Nasdaq Stockholm.

On 25 February 2022, Alligo announced that the Board of Directors had decided to propose that the shareholders of Alligo at the Extraordinary General Meeting on 23 March 2022 resolve to distribute all of Alligo's shares in Momentum Group to Alligo's shareholders and that Momentum Group's Class B shares are to be listed on Nasdaq Stockholm. In connection with the planned listing, Momentum Group has prepared a prospectus. The prospectus has today been approved and registered by the Financial Supervisory Authority.

Key dates for the distribution and listing

15 March          Record date for the right to participate in the Extraordinary General Meeting in Alligo.
23 March          Extraordinary General Meeting in Alligo to decide on the distribution of shares in Momentum Group.
23 March          Last day of trading in Alligo’s shares, including the right to distribution.
24 March          First day of trading in Alligo’s shares, excluding the right to distribution.
25 March          Record date for the right to receive shares in the distribution.
31 March          Anticipated first day of trading in Momentum Group’s Class B shares on Nasdaq Stockholm.

For further information, please contact:
Clein Ullenvik, President & CEO
Tel +46 8 712 00 00
clein.ullenvik@alligo.com

This information was submitted for publication on 15 March 2022 at 15:30 CET.

Alligo is a leading reseller of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic region. The Group has annual revenue of approximately SEK 10 billion and approximately 2,700 employees. Alligo AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.alligo.com.