Repurchase of shares in subsidiary by Transcendent Group

In connection with Christina Falk, previous CEO of the subsidiary Transcendent Group Väst AB until August 2019, terminating her employment with Transcendent Group, a shareholding corresponding to 19.8 % of the number of shares in Transcendent Group Väst AB is repurchased, at a total amount of SEK 1.6 million. After the repurchase, Transcendent Group AB owns 80.2% in Transcendent Group Väst AB.

After a reorganization during the summer Martin Bohlin is the CEO of Transcendent Group Väst AB.

The transaction and transfer of shares will take place during the week commencing December 9, 2019.

For more information, please contact:
Martin Malm, CEO Transcendent Group
Martin.Malm@transcendentgroup.com
+46 73 335 94 26

The information was sent for publication, through the agency of the contact person set out above, on 6 December 2019 at 17:30 (CET).

About Transcendent Group
At Transcendent Group you will meet experienced consultants in Governance, Risk and Compliance. Transcendent Group’s services provide security and opportunities for government agencies, businesses and other organizations in a variety of industries. The company was established in Stockholm in 2001 and has from the start built a differentiated offering based on a value-driven culture with experienced experts. Transcendent Group has been ranked as one of Europe’s, Sweden’s and Norway’s best workplaces in 2019 and has been a Great Place to Work since 2012. Transcendent Group is listed on Nasdaq First North Premier Growth Market. The company’s Certified Adviser is Avanza Bank, +46(0)8-409 421 20, corp@avanza.se. For more information, visit www.transcendentgroup.com.