First day of trading in Collector Bank AB on Nasdaq Stockholm
The intra-group merger between Collector Bank AB (“Collector Bank”) and Collector AB (publ) (“Collector AB”) has been registered by the Swedish Corporate Registration Office today. The merger process is therefore completed. In connection with the registration, Collector AB has been dissolved. The registration to exchange the shares in Collector AB to the corresponding number of shares in Collector Bank has been made on each shareholder’s securities or custody account. Today is the first day of trading in Collector Bank AB.
The purpose of the merger has been to further simplify the corporate structure, achieve a more efficient use of internal resources and to optimize the capital position. The operations of the Group remain unchanged, which also means that the daily operations, from a customer perspective, will remain unchanged.
The shareholders of Collector AB have not needed to take any action to receive shares in Collector Bank, the exchange of shares has taken place automatically in connection with the completion of the merger. It may take a couple of days before the shares in Collector Bank are visible on the shareholders’ securities or custody account.
For more information, please contact:
Peter Olsson, CFO
Phone: +46 73 712 04 46
E-mail: peter.olsson@collectorbank.se
Madeleine Mörch, Head of IR & Communications
Phone: +46 73 712 04 52
E-mail: madeleine.morch@collectorbank.se
Collector Bank specializes in financing solutions for corporates and private individuals, with particular focus on small and medium-sized companies. We are the corporates' complement to larger traditional banks. The corporate offering includes real estate lending, corporate lending and factoring as well as payment solutions. Our services for private individuals include personal loans, invoice and payment by instalment services, credit cards and deposit accounts. The company has offices in Gothenburg (headquarters), Stockholm, Helsinki and Oslo. Collector Bank AB (publ) is listed on Nasdaq Stockholm.
Collector Bank AB (publ) 556597-0513 | Box 119 14, SE-404 39 Gothenburg | Switchboard +46 10-161 00 00 | E-mail info@collectorbank.se | www.collector.se/en/