Alligo AB (publ) ("Alligo") announced on 25 February 2022 that the Board of Directors has decided to propose that the shareholders of Alligo at Extraordinary General Meeting on 23 March 2022 resolve to distribute all of Alligo's shares in the subsidiary Momentum Group AB (publ) ("Momentum Group") to the shareholders of Alligo (the "Distribution"). In the light of the Distribution, the Election Committee of Alligo has proposed that the Extraordinary General Meeting resolves on election of a new Board of Directors.

To provide Alligo's shareholders with supplementary information ahead of the Extraordinary General Meeting on 23 March 2022, Alligo has prepared an information memorandum. The information memorandum has today been published and is available on Alligo's website under the section Investor Relations / Separate listing of Components & Services as well as under the section Corporate Governance / General Meeting of Shareholders / Extraordinary General Meetings.

For further information, please contact:
Clein Ullenvik, President & CEO
Tel +46 8 712 00 00
clein.ullenvik@alligo.com

This information was submitted for publication on 2 March 2022 at 14:45 CET.

Alligo is a leading reseller of industrial consumables and components, service and maintenance to professional end users in the industrial and construction sectors in the Nordic region. The Group has annual revenue of approximately SEK 10 billion and approximately 2,700 employees. Alligo AB (publ) has been listed on Nasdaq Stockholm since June 2017. Read more at www.alligo.com.

https://news.cision.com/alligo-ab--publ-/r/alligo-publish-information-memorandum-ahead-of-the-extraordinary-general-meeting-on-23-march-2022,c3517389

https://mb.cision.com/Main/18955/3517389/1543385.pdf

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