STOCKHOLM, May 09, 2017 /PRNewswire/ --
Seamless Distribution AB has sold 1,000,000 of its earlier repurchased shares. Among the buyers in the transaction is the Chairman of the board, Mr John Longhurst.
The shares held in Treasury were to secure incentive plans for employees overseas, a need that no longer exists.
With this transaction Seamless now holds no shares in the listed company.
Seamless is one of the world's largest suppliers of payment systems for mobile phones. Founded in 2001 and active in 35 countries, Seamless handles more than 5.3 billion transactions annually through 675 000 active sales outlets. Seamless has three main business areas including the transaction switch, the technology provider for the distribution of e-products and the mobile payment platform Seqr. www.seamless.se
For further information, please contact:
Head of Treasury & Investor Relations,
This information is information that Seamless Distribution AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out above, at 8.50 a.m. CET on May 9, 2017.
Seamless Distribution AB, Box 6234, 102 34 Stockholm | Visiting address: St Eriksgatan 121 D | Org. no: 556610-2660 Phone: 08-564 878 00 | Fax: 08-564 878 23 | www.seamless.se
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SOURCE Seamless Distribution AB