Report from Extraordinary General Meeting in Alligo AB (publ) on 23 March 2022
Published 23 mars 2022, 11:30
The following resolutions, among others, were resolved at the Extraordinary General Meeting (the “Meeting”) in Alligo AB (publ) (the “Company” or “Alligo”) held today, 23 March 2022.
Resolution regarding distribution of all shares in Momentum Group AB
The Meeting resolved, in accordance with the Board of Directors’ proposal, on distribution of all of the Company’s shares in Momentum Group AB (publ), corporate registration number 559266-0699 (“Momentum Group“), to the shareholders of Alligo. The distribution comprises a total of 50,480,889 shares, of which 564,073 are Class A shares and 49,916,816 are Class B shares, which corresponds to the total number of shares in Momentum Group. One (1) Class A share in Momentum Group will be received for each Class A share in Alligo and one (1) Class B share in Momentum Group will be received for each Class B share in Alligo. The distribution corresponds to a total amount of SEK 42,578,000, based on the book value as of 31 December 2021, implying a dividend per share of approximately SEK 0.84. The Company’s own 425,300 Class B shares are not entitled to distribution of shares in Momentum Group.
The record date for distribution was resolved to be 25 March 2022. With this record date, the shares in Momentum Group are expected to be made available on the recipient’s VP account on or about 29 March 2022. Last day of trading in Alligo’s shares, including the right to distribution, is 23 March 2022. First day of trading excluding the right to distribution is 24 March 2022.
Election of a new Board of Directors
The Meeting resolved, in accordance with the Election Committee’s proposal, that the Board of Directors in Alligo shall consist of six (6) Board members and to elect Göran Näsholm, Johan Eklund, Stefan Hedelius, Cecilia Marlow, Johan Sjö and Christina Åqvist for the period until the next Annual General Meeting. Göran Näsholm was elected as Chairman.
Information regarding the Meeting
For more detailed information regarding the content of the resolutions, please refer to the minutes of the Meeting, which will be published on the Company’s website, www.alligo.com, under: Corporate Governance / General Meetings of Shareholders.
Stockholm 23 March 2022
Alligo AB (publ)
For further information, please contact:
Clein Ullenvik, President & CEO
Tel +46 8 712 00 00
Alligo is a leading reseller of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic region. The Group has annual revenue of approximately SEK 10 billion and approximately 2,700 employees. Alligo AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.alligo.com.