Eniro submits request for arbitration against Asiakastieto and UC

Eniro AB (publ)[1] ("Eniro") has made a claim for an additional payment of SEK 21 million plus accrued but not paid interest for the sale of Proff to Asiakastieto Group Plc and its Swedish subsidiary UC AB ("Asiakastieto").

On 15 August 2019, Eniro announced that Eniro has made a claim to Asiakastieto regarding payment of additional purchase price for the sale of Proff amounting to SEK 21 million plus accrued but not paid interest. Asiakastieto has rejected this claim and Eniro has today submitted a request for arbitration.

For more information, please contact:

Magdalena Bonde, President and CEO, tel: +46 8 553 310 00

Eniro is a Nordic tech company that helps small and medium-sized companies with digital marketing. Eniro also has a search service that aggregates, filters and presents information to help individuals find and come into contact with each other and with companies. The company has about 1,100 employees and operates in Sweden, Norway, Denmark and Finland through the local domains eniro.se, gulesider.no, krak.dk and degulesider.dk, and each week, Eniro Group’s digital services have about 5.2 million unique visitors. Eniro is listed on Nasdaq Stockholm [ENRO] and its head office is located in Stockholm.

This document has been prepared in Swedish and translated into English. In the event of any discrepancies between the Swedish and the translation, the former shall take precedence. 

[1] Through its subsidiaries Eniro Sverige AB, Eniro Holding AS and Krak A/S.