Thinc Jetty Collective AB (publ) (“Thinc” or the “Company”) announces that Spotlight Stock Market (“Spotlight”) has today approved the relisting memorandum that the Company was required to prepare in connection with the Company’s decision to acquire all shares in Nowa Kommunikation AB. The approval of the relisting memorandum means that Spotlight has also confirmed that Thinc is considered to meet all current listing requirements. Trading in the Company’s shares will thus be moved up to the regular list.
The relisting memorandum can be found on the Company's website and attached to this press release.
In connection with the publication of the relisting memorandum, the Company would like to complement this by also publishing a few words from Thinc's new CEO, Anders Wallqvist:
– To maintain the entrepreneurial spirit in a winning business model.
So we have taken the step we have been looking forward to for a while – Jetty has completed the acquisition of Nowa Kommunikation and the general meeting has decided to change the board, registered office and name to Thinc Jetty Collective AB (Thinc). The new board has appointed me as the new CEO of the group, which I am naturally both proud and happy about. Now the work begins to exploit synergies, integrate our operations and, not least, to accelerate towards our vision where we mix knowledge with creativity, problem-solving and innovation. This provides groundbreaking solutions and creates business benefits for our clients.
Our goals are set out:
Strategic goals through 2025:
• To profile the new group as Thinc Jetty Collective by changing the name of the parent company
• The Thinc Group should be perceived as the leading communications agency in problem-solving communications in the Nordic region.
• The group will grow either through organic growth or through acquisitions of companies that can effectively complement the group's expertise and customer offering.
• Establish offices in Copenhagen and Malmö and grow in Stockholm and Oslo.
Financial goals through 2025:
• Sales growth for the group must be at least 30 percent annually including acquisitions.
• The Group's turnover in 2025 shall amount to at least SEK 300 million.
To achieve the above goals, the board highlights four success factors: acquisitions, culture, increased turnover and clarity.
The Future
A communications group as broad as Thinc will always have parts that are going well and parts that are not going well. However, we can and should be measured by the whole. If we look briefly back and forward, we have definitely been affected by the pandemic, just as we will certainly be positively affected by the lifting of restrictions. It is clear that we will be significantly stronger when we sum up 2021 compared to 2020. The fact that Jetty, with its way of integrating and solving problems in its industry, is on board will teach us a lot and is another step in our goals to integrate more clearly, have system support and to reach even higher and further. We hope to be able to continue our acquisition journey soon and that through that and diligent work with existing customers, we more than demonstrate our value to employees, customers and the market. Now we are ready!
For further information, see the listing memorandum.
Anders Wallqvist
President and CEO of Thinc Jetty Collective
For further information, please contact:
Anders Wallqvist, CEO Thinc Jetty Collective AB
anders.wallqvist@thinccollective.se