Chairman Fredric Forsman and founder Björn Forslund acquire shares in the company

Fredric Forsman, chairman of the board, has acquired 1 269 826 shares in the company, through a trading agreement outside the ordinary stock market. The price was SEK 1,65 per share. After the transaction Fredric Forsman owns privately and through his company a total of 1 415 218 shares in TargetEveryone AB.

Björn Forslund, founder, ex-CEO and present member of the management group, increases his holdings by additionally 1 000 921 shares. The acquisition was made indirectly through an increase by Forslund Invest AS in XiB Group AS, from 38,5 % ownership to 77 %. After the transaction Björn Forslund owns directly and indirectly through his company Forslund Invest AS a total of 3 018 493 shares in TargetEveryone AB.

For further information contact: 
Fredric Forsman 
Chairman of the Board
+46 739 78 78 44 

Certified Adviser: 
Mangold Fondkommission AB (556585-1267) 
Box 55 691 102 15 Stockholm 
Telefon: +46 8 503 015 50 

TargetEveryone AB (publ) is obligated to publish this information under the EU Market Abuse Regulation. The information was provided by the above contact person's auspices, for publication on October 12, 2018 at 3.30 p.m. CET.

About TargetEveryone

TargetEveryone is a leading MARTECH company that provides a cutting-edge marketing solution, that helps customers target their market intelligently in a swift and cost-effective manner. The cloud-based solution seamlessly helps the user segment their customers, quickly create campaigns, and then distribute them through email, SMS, Facebook, Twitter, LinkedIn or QR Codes. The solution is based on big data to analyze and refine the customers behavior and demands. TargetEveryone has over 3000 clients in more than 92 countries, and has experienced strong growth as marketing investments continues to move from traditional media to digital media. Customers include Nespresso, Coop, Vita, Match, DNB, Krogh Optikk, Cirkel K and Red Cross. TargetEveryone's headquarter is in Oslo, with branch offices in Sweden, Holland, Portugal, India and USA. TargetEveryone is listed on Nasdaq First North in Stockholm and Merkur Market in Oslo. 

TargetEveryone forecasts a 2019 full year revenue of MSEK 60

TargetEveryone finalized Beta version of its new Martech platform SpectrumOne on December 1st as planned. The company is now approaching customers with this new and unique software combining market analysis, customer segmentation and 1-1 communication features. The strategy is to approach the Norwegian market first, and quickly expand to Sweden by the first half year before further international expansion. Based on thorough market analysis, TargetEveryone has identified more than 1000 potential customers in the Swedish and Norwegian market. Considering that a SpectrumOne subscription to some extent is a strategic decision, the sales process is expected to last for one to six months.

Financial calendar 2019

Interim report July - September 2018

Third quarter

  •  Net sales amounted to MSEK 3.2 (13.7)
  •  EBITDA amounted to MSEK -7.4 (13.7)
  •  EBIT amounted to MSEK -10.3 (10.7)
  •  EBT amounted to MSEK -10.4 (4.6)
  •  Earnings per share before dilutions amounted to SEK -0.23 (0.09)
  •  Appointed Torkel Johannessen as new CEO

First nine months

  •  Net sales amounted to MSEK 16.8 (70.5)
  •  EBITDA amounted to MSEK -15.7 (18.0)
  •  EBIT amounted to MSEK -23.3 (5.1)
  •  EBT amounted to MSEK -27.2 (-6.7)
  •  Earnings per share before dilutions amounted to SEK -0.58 (-0.22)

Bulletin from the Extraordinary General Meeting on November 13, 2018

The extraordinary general meeting in TargetEveryone AB (publ) (the "Company") was held at, Kungsgatan 37 in Stockholm, on November 13, 2018.

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