Edition:
United States

Seamless Distribution AB (SEAM.ST)

SEAM.ST on Stockholm Stock Exchange

7.00SEK
26 May 2017
Change (% chg)

0.00kr (+0.00%)
Prev Close
7.00kr
Open
7.00kr
Day's High
7.10kr
Day's Low
6.90kr
Volume
41,038
Avg. Vol
238,519
52-wk High
11.15kr
52-wk Low
4.32kr

Latest Key Developments (Source: Significant Developments)

Seamless Distribution to list SDS in Q2 on First North
Tuesday, 16 May 2017 02:59am EDT 

May 16 (Reuters) - Seamless Distribution AB :Says to list subsidiary SDS in Q2 2017.Says to list subsidiary on First North.Says intends to remain as owner of 15 percent in SDS.Says sets long term financial targets for SDS: 20 percent annual growth with an EBIT margin of 20-30 percent.  Full Article

Seamless Distribution's Chairman Longhurst increases stake to 5.7 pct
Tuesday, 9 May 2017 11:22am EDT 

May 9 (Reuters) - Seamless Distribution AB :Says Chairman John Longhurst increases stake to 5.7 percent.  Full Article

Seamless says begins preparatory work to list subsidiary
Friday, 5 May 2017 02:55am EDT 

May 5 (Reuters) - Seamless Distribution Ab :Seamless begins preparatory work to list Seamless Distribution Systems.The decision has been taken on the basis of the mandate it was given by the AGM on April 20, 2017.Has decided to initiate the process of listing its subsidiary, Seamless Distribution Systems AB (SDS) on NASDAQ’s First North market.  Full Article

Seamless Distribution Q1 loss narrows 4 pct
Tuesday, 25 Apr 2017 02:50am EDT 

April 25 (Reuters) - Seamless Distribution AB :Q1 net sales for period SEK 62,5 million (61.1), an increase of 2 pct compared to same period last year.Q1 operating result for period improved to SEK -23.2 million (-24.1), an improvement of 4 pct.Says MeaWallet are in the final stages of negotiations with a number of new partners in Europe and Asia.Says expects to continue to close high value contracts in Q2 and through the remainder of 2017.  Full Article

Seamless board plans divestment of subsidiary Seamless Distribution System
Thursday, 23 Mar 2017 04:50am EDT 

Seamless Distribution AB : The board of directors of Seamless Distribution AB proposes a divestment of the subsidiary Seamless Distribution System AB .Says divestment envisaged to be carried out either through a listing of the SDS share on Nasdaq First North or to a third-party buyer depending on purchase price.  Full Article

Seamless Distribution Q4 operating loss narrows
Thursday, 9 Feb 2017 02:50am EST 

Seamless Distribution AB : Q4 operating result for period improved to SEK -21.0 million (-32.8), an improvement of 36 pct .Q4 net sales for period SEK 68,5 million (78.9), a decrease of 13 pct compared to same period last year.  Full Article

Seamless Distribution Q3 operating loss narrows to SEK 21 mln
Thursday, 17 Nov 2016 02:58am EST 

Seamless Distribution AB : Q3 net sales was unchanged compared to the same period last year and amounted to SEK 73.9 million . Q3 operating loss SEK -21.1 million vs year-ago -27.8 mln .Q3 SEQR sales SEK 2.6 mln vs year-ago 1.8 mln.  Full Article

Seamless Q2 operating loss narrows
Friday, 15 Jul 2016 02:50am EDT 

Seamless Distribution AB : Q2 operating loss for period SEK -17.2 million (-24.4) . Q2 net sales increased 1 % to SEK 71.1 million (70.4) .SEQR Q2 net sales SEK 2.5 million SEK (1.8).  Full Article

Seamless buys Norway's MeaWallet for SEK 43 mln, issues new shares
Wednesday, 13 Jul 2016 02:50am EDT 

Seamless Distribution AB : Seamless acquires MeaWallet as through an issue in kind of new shares and simultaneously carries out a private placement . Says purchase price amounts to approximately SEK 42.8 million and payment is made through an issue in kind of 4,574,328 new shares in Seamless . Says at same time company has carried out a direct issue of new shares in a private placement of approximately SEK 50 million .Says MeaWallet, which provides technical solutions for cloud based payment services, had a turnover of NOK 1.27 mln and a loss of NOK 14.4 mln during the financial year 2015.  Full Article

Seamless Distribution resolves on a directed issue of shares
Thursday, 25 Feb 2016 02:30am EST 

Seamless Distribution AB:Says Board has resolved on a directed issue of shares of about 24.6 million Swedish crowns to private and institutional investors.The subscription price has been set at 8.00 crowns based on a book building process to private and institutional investors.The subscription price corresponds to the closing price on Feb. 24 and a discount of about 2.5 pct compared to the volume weighted average price for last 30 trading days.  Full Article

More From Around the Web

BRIEF-Seamless Distribution to list SDS in Q2 on First North

* Says sets long term financial targets for SDS: 20 percent annual growth with an EBIT margin of 20-30 percent Source text for Eikon (in Swedish): Further company coverage: (Stockholm Newsroom)