FCG Holding Sverige AB (“FCG”) who after the settlement of the public tender offer will own over 90 percent of the shares and votes in Transcendent Group AB (publ) (”Transcendent Group”), has informed the Board of Directors that FCG intends to initiate compulsory redemption of the remaining shares in Transcendent Group.

In light of the above, the Board of Directors for Transcendent Group has resolved to apply for delisting of the Transcendent Group share from Nasdaq First North Premier Growth Market. The last day of trading in the share will be announced after Transcendent Group has submitted the application and has been informed thereof by Nasdaq First North Premier Growth Market.

As per request from FCG, the Board of Directors for Transcendent Group has also decided to convene an extraordinary general meeting to be held on 5 August 2022 in order to inter alia elect a new Board of Directors (see separate press release).

For further information, please contact:

Martin Malm, chairman of the Board of Directors
Martin.Malm@transcendentgroup.com
+46 73 335 94 26

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 Sweden’s and Norway’s best workplaces in 2022 and has been a Great Place to Work since 2012. Transcendent Group has more than 120 employees in 6 markets across Europe. Transcendent Group is listed on Nasdaq First North Premier Growth Market. The company’s Certified Adviser is Aktieinvest, +46 739 49 62 50, rutger.ahlerup@aktieinvest.se. For more information, visit www.transcendentgroup.com

Attachments

FCG intends to initiate compulsory redemption, Transcendent Group intends to apply for delisting and convenes an extraordinary general meeting

© Modular Finance, source Nordic Press Releases