Trig Social Media AB (publ) acquires 40 % of the shares of Spanish company Filmquity S L

Stockholm, 13 October 2014: Trig Social Media AB (publ), symbol: TRIG, a Swedish company which develops, manages and operates an international social media platform under the brand trig.com announces the acquisition of 40 % of the shares of the Spanish company Filmquity S L.

With this acquisition, TRIG gets direct access to the members of the streaming platform TUCUT, that is owned by Filmquity. TUCUT will integrate its services with TrigTV and widen Trig TV’s supply of user engagement content. The purchase sum is set at 3 million EUR (€) which will be paid in full through a new issue of shares in Trig Social Media AB (publ) valued at 2,85 EUR (€) per share. The whole purchase sum will be contributed as equity into Filmquity. The new issued shares are subject to certain sales restriction that restrict sales to a limited number per month. The equity injection will enable TUCUT to expand its supply of content with resulting user growth.

“We look forward to our future cooperation. TUCUT will assist TrigTV in bringing relevant and interesting content to our fast growing Spanish speaking community”, says Sabinije von Gaffke, Creative Director of TrigTV.

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Company Contact:
Trig Social Media AB
Phone: +46 (0) 40-60 60 284
Fax: +46 (0) 40-692 92 52
Email: info@trig.com
P O Box 1268, S - 131 28 Nacka Strand
Sweden

Investor Relations Contact
GFEI Aktiengesellschaft
Phone: +49 (0) 69 - 743 037 00
Fax: +49 (0) 69 - 743 037 22
lkuhnke@gfei.de - mlaue@gfei.de
Am Hauptbahnhof 6 - 60329 Frankfurt
Germany