Transcom Successfully Closes Divestment of Danish Credit Management Services Operations

Regulatory News:

Transcom WorldWide AB (publ) (STO:TWW) today announced the successful closing of the divestment of its Danish Credit Management Services operations (CMS Denmark) for an equity value of EUR 13.0 million to Inga Acquisition ApS, a holding company of the current management team and an investment company.

This transaction concludes the divestment of Transcom’s former CMS business unit, in line with the company’s strategy to focus on its core business – outsourced customer care solutions (CRM).

--------------------

Transcom WorldWide AB (publ) discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 3 March 2016 at 1:00 PM CET.

About Transcom

Transcom (http://www.transcom.com/) is a global customer experience specialist, providing customer care, sales, technical support and collections services through our extensive network of contact centers and work-at-home agents. We are 30,000 customer experience specialists at 54 contact centers across 23 countries, delivering services in 33 languages to international brands in various industry verticals. Transcom WorldWide AB’s share is listed on the Nasdaq Stockholm Exchange under the ticker symbol TWW.

This information was brought to you by Cision http://news.cision.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20160303005679/en/