Momentum Group AB (publ) publishes prospectus ahead of admission to trading of Class B shares on Nasdaq Stockholm

Today, Momentum Group AB (publ) (“Momentum Group”) published the prospectus prepared ahead of the admission to trading of the Company’s Class B shares on Nasdaq Stockholm (the “Listing”). The prospectus was approved and registered by the Swedish Financial Supervisory Authority today and is available on Momentum Group’s website, momentum.group, and will also be made available on the Financial Supervisory Authority’s website, fi.se.

Background and reasons for the Listing
As of the date of this press release, Momentum Group is a wholly owned subsidiary of Alligo AB (publ) (“Alligo”). In April 2021, the Board of Directors of Alligo (then Momentum Group) instructed management to investigate the possibilities and conditions for a possible separation of the Group into two separate listed companies with the aim of creating increased shareholder value in both the short and long term through increased focus on the respective areas. In September 2021, the Board of Directors decided to proceed with preparations for a separate listing of the Components & Services business area on Nasdaq Stockholm under the name Momentum Group.

On 25 February 2022, Alligo announced that its Board of Directors had decided to convene an Extraordinary General Meeting to be held on 23 March 2022 to resolve to distribute all of Alligo’s shares in the subsidiary Momentum Group to the shareholders of Alligo (the “Distribution”). If the shareholders of Alligo resolve at the Extraordinary General Meeting on 23 March 2022, in accordance with the proposal of the Board of Directors of Alligo, to distribute all of Alligo’s shares in Momentum Group to the shareholders of Alligo, the shareholders of Alligo will receive one (1) Class A share in Momentum Group for each Class A share held on the record date of 25 March 2022 and one (1) Class B share in Momentum Group for each Class B share held on the record date of 25 March 2022.

Publication of the prospectus
The prospectus was prepared solely for the admission to trading of Momentum Group’s Class B shares on Nasdaq Stockholm. The prospectus does not contain an offer to subscribe for or otherwise acquire shares in Momentum Group. The prospectus was approved and registered by the Financial Supervisory Authority today and is available on Momentum Group’s website, momentum.group, and Danske Bank’s website, danskebank.se/prospekt, and will be made available on the Financial Supervisory Authority’s website, fi.se, in the next few days.

Key dates for the Distribution och Listing
15 March - Record date for the right to participate in the Extraordinary General Meeting in Alligo.
23 March - Extraordinary General Meeting of Shareholders in Alligo to decide on the Distribution of shares in Momentum Group.
23 March - Last day of trading in Alligo’s shares, including the right to Distribution.
24 March - First day of trading in Alligo’s shares, excluding the right to Distribution.
25 March - Record date for the right to receive shares in the Distribution.
31 March - Anticipated first day of trading in Momentum Group’s Class B shares on Nasdaq Stockholm.

Financial and legal advisors
Danske Bank A/S, Denmark, Sweden branch is Momentum Group’s financial advisor and Advokatfirman Delphi is Momentum Group’s legal advisor in connection with the Listing and assisted Momentum Group with the preparation of the prospectus.

For further information, please contact:

Ulf Lilius, President and CEO
Tel: +46 (0)10 454 54 70

Ann Charlotte Svensson, Investor Relations
Tel: +46 (0)720 85 72 62
[email protected]

About Momentum Group

Momentum Group operates, develops and acquires successful sustainable companies in the Nordic region through active ownership with decentralised profit and business responsibility. The Group consists of a number of companies that together constitute one of the Nordic region’s leading suppliers of industrial com-ponents, industrial services and other related services in the industrial sector. What the businesses have in common is that they help make customers’ operations easier, safer and more profitable by offering sustain-able, long-life products and services with a strong local presence close to customers. The Group generates revenue of approximately SEK 1.5 billion and has some 500 employees. For more information, please visit momentum.group.