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SIGNATUR FASTIGHETER’S REVERSE ACQUISITION OF SIG INVEST FOR LISTING ON NASDAQ FIRST NORTH GROWTH MARKET COMPLETED

By December 20, 2019January 8th, 2020No Comments

Signatur Fastigheter AB (publ) (previously Deflamo AB (publ)), listed on Nasdaq First North Growth Market, and the owners of SIG Invest AB (publ) entered an agreement during the autumn regarding Signatur Fastigheter’s acquisition of all shares in SIG Invest through an issue in kind. The transaction entailed that Deflamo’s business would be changed to SIG Invest’s business whose business idea is to create long-term growth and to increase value through development of residential properties combined with management. After Nasdaq’s conditional approval was obtained, an extraordinary general meeting held on 22 November 2019 resolved to complete the reverse acquisition. In connection with the transaction, Deflamo changed company name to Signatur Fastigheter AB (publ). First trading day on Nasdaq First North Growth Market for the new shares in Signatur Fastigheter was 17 December 2019.

Signatur Fastigheter was advised by HWF Advokater in the reverse acquisition.