SpectrumOne announces record date for distribution of Observit AB
At the extraordinary general meeting of SpectrumOne on March 31, 2022 it was resolved to distribute 374 220 904 shares in Observit AB (publ) to the shareholders of SpectrumOne. The Board of Directors was authorized to determine the record date for the distribution. The record date has now been decided to June 30, 2022.
The shares in Observit will be distributed in proportion to each individual shareholder's holding of shares in SpectrumOne on the record date of the distribution. For every (1) share in SpectrumOne, one (1) share in Observit is obtained.
The last day for trading in SpectrumOne’s shares, including the right to receive shares in Observit, is June 28, 2022. As of June 29, 2022, SpectrumOne's shares will be traded without the right to receive shares in Observit.
The record date has been decided taking into account the current situation on the financial markets as well as internal financial and administrative issues within the SpectrumOne group, and the conclusion has been made that it is in the best interest of the companies that Observit remains a subsidiary of SpectrumOne throughout q2 2022 and that the listing of Observit shares will take place during q3 2022.
Observit will initiate the procedure for listing with immediate effect to be ready for listing in q3 2022.
Schedule for distribution and listing
June 28, 2022 – Last day of trading in SpectrumOne's shares including the right to receive shares in Observit
June 30, 2022 – Record date for the distribution of shares in Observit
Q3 2022 – Excepted first day of trading in Observit's shares
For further information contact:
+46 739 78 78 44
Aktieinvest FK AB (556072-2596)
Box 7415 103 91 Stockholm
Telefon: +46 8 506 517 03
About SpectrumOne AB
SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. Offered in a SaaS online service shipping with rich market data from various professional providers, SpectrumOne provides a unique solution to many leading actors across industry segments in various countries. Enabling clients with fast and easy access to data insight and visualization coupled with powerful search, segmentation, and mapping features. SpectrumOne allows data to be quickly enabled and operationalized, driving activities from customer communication to data science supporting business analysis, strategy, and growth. All of which can be enabled the same day with immediate results. SpectrumOnes headquarter is based in Stockholm, Sweden, responsible for Nordic sales and strategy, with additional sales and business development located in Norway, Finland, Belgium and Spain. SpectrumOne is listed on Nasdaq First North Growth Market in Stockholm.