Transcom’s re-domiciliation to Sweden completed; 1:50 reverse split to follow


Stockholm, 26 November 2014

THE RE-DOMICILIATION

In accordance with the previously communicated timetable, final registration of
Transcom’s re-domiciliation and merger between Transcom WorldWide S.A. and
Transcom WorldWide AB (publ) (the "Company") was effected today by the Swedish
Companies Registration Office (the "SCRO"). This final registration by the SCRO
has, among others, the following effects:

  · As previously announced, the first day of trading in the ordinary shares of
the Company on Nasdaq Stockholm will be 28 November 2014. The shares will be
traded under the ticker "TWW" and with the ISIN number SE0006055257.
  · Transcom WorldWide S.A. has been dissolved and all of its assets and
liabilities have been transferred to the Company, the new parent of the Transcom
Group.
  · 1,301,581,530 new ordinary shares have been issued by the Company in
accordance with the merger plan, meaning that the Company thereafter has
1,302,860,600 outstanding ordinary shares in total, of which 1,383,551 are
treasury shares held by the Company itself.
  · The ordinary shares issued as merger consideration are expected to be
registered on the VP-accounts of the shareholders on 28 November 2014.
  · Cash payments following the sale by Skandinaviska Enskilda Banken of
fractions of shares, as set out in the merger plan and the merger prospectus,
are expected to be made to the recipients on 3 December 2014.

As referred to in the merger plan, the Company will assume the obligations to
participants under existing long-term incentive plans. Therefore, in connection
with the completion of the merger, the Company has passed resolutions to secure
its ability to meet these incentive plan obligations. This includes resolving to
issue 649,372 class C shares and to re-purchase these same shares for delivery
to long-term incentive plan participants.

For additional details on the re-domiciliation of the parent company of the
Transcom Group from Luxembourg to Sweden, please refer to Transcom’s website at
www.transcom.com/redom.

THE 1:50 REVERSE SPLIT

As previously announced, Transcom has resolved to execute a 1:50 reverse split
of the ordinary share of the Company following the re-domiciliation. The Company
intends to execute the reverse split during the period 10-12 December 2014.

Please find further information on the reverse split below.

General

The purpose of the reverse split is to achieve an appropriate number of shares
listed on Nasdaq Stockholm. Through the reverse split, 50 existing ordinary
shares will become one (1) new ordinary share.

For those shareholders who, on the record date (12 December 2014), do not hold
an amount of shares that corresponds to a whole number of new shares following
completion of the reverse split, ownership of the excess shares will pass from
such shareholders to the Company on the record date, in accordance with Chapter
4, Section 50 of the Companies Act. Such excess shares will then be sold by
Skandinaviska Enskilda Banken and the proceeds will be distributed to the
shareholders entitled thereto. For shareholders holding fewer than 50 shares,
the execution of the reverse split means that all their shares will be sold as
excess shares.

The reverse share split will reduce the total number of ordinary shares in the
Company from 1,302,860,600 to 26,057,212, and the quota value of each share will
be increased from EUR 0.043 to EUR 2.15. Except for the increased quota value,
each new consolidated share will carry the same rights as the shares prior to
the reverse split. Following registration of the resolutions referred to above
to secure the Company's ability to meet its obligations under its long-term
incentive plans, the quota value per ordinary share will be changed to EUR 2.10
per share.

Shareholders are not required to take any measures in connection with the
reverse share split. However, to avoid selling excess shares, the number of
shares on the record date shall be evenly divisible by 50. The last trading day
to obtain a number of shares that is evenly divisible by 50 is 10 December 2014.

Reverse split time table

10 December 2014 - Last day of trading in the Company's shares before the
reverse share split.

11 December 2014 - First day of trading in the Company's shares after the
reverse share split (now under a new ISIN number, SE0006168316.)

12 December 2014 - Record date for the reverse share split; the excess shares
pass to the Company.

15 December 2014 - The new number of shares are booked onto the shareholder's VP
-account.

23 December 2014 - Payment of proceeds from sales of excess shares.

Shares registered with nominees

For shareholders in the Company whose shares are registered in the name of a
nominee, the shareholding after the reverse share split as well as any payment
of proceeds from the sale of excess shares will be managed in accordance with
each nominee’s procedures. The Company recommends shareholders to contact their
nominee in case of questions on such nominee procedures.

Tax considerations in Sweden

The reverse split of shares does not give rise to any taxation since it merely
implies that the aggregate quota value of the shares is allocated to fewer
shares. The aggregate tax basis for all shares before the reverse share split
will therefore be the same after the reverse share split. However, the average
tax basis per share will be different.

A sale of excess shares is taxable and also affects the aggregated average tax
basis. Upon such a disposal of excess shares by means of transfer of the title
to the shares to the Company and the subsequent sale at the Company’s expense, a
capital gains taxation is triggered. A capital gain or capital loss
respectively, is calculated as the difference between the sales proceeds and the
average tax basis of the shares sold. The standard method is applicable.

“I am very pleased that we have now finalized the re-domiciliation to Sweden,
given the benefits for the Group and its shareholders. We have aligned
Transcom’s legal domicile with the domicile of its owners, as the majority of
the company’s shareholders are Swedish. General meetings of the shareholders
will now be held in Sweden rather than in Luxembourg, facilitating shareholder
participation. In addition, Transcom is no longer bound by dual legal systems,
which will lower costs and simplify the execution of corporate actions. We now
also have a listing structure that is simpler and less costly, as we have
abandoned the SDR system. Transcom’s ordinary shares are now directly admitted
to trading on Nasdaq Stockholm. Finally, we have established one single class of
listed shares, offering the potential of increased liquidity.

“While this re-domiciliation is a major change from the corporate governance and
capital markets perspectives, it is business as usual from a business operations
viewpoint. The new Swedish parent company of the Transcom Group (Transcom
WorldWide AB) has taken over all assets and liabilities of Transcom WorldWide
S.A. As always, we remain committed to delivering excellent service to our
clients’ customers in a reliable, consistent and cost-effective way”, commented
Johan Eriksson, Transcom’s President and CEO.

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

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 26 November at 10:10 AM CET.

For further information, please contact:

Johan Eriksson, President and CEO
Telephone +46 70 776 80 22

Pär Christiansen, CFO
Telephone +46 70 776 80 16

Stefan Pettersson, Head of Group Communications
Telephone +46 70 776 80 88
About Transcom

Transcom (http://www.transcom.com/) is a global customer experience specialist,
providing customer care, sales, technical support and credit management services
through our extensive network of contact centers and work-at-home agents. We are
29,000 customer experience specialists at 54 contact centers across 23
countries, delivering services in 33 languages to over 400 international brands
in various industry verticals. Transcom WorldWide AB’s share is listed on the
Nasdaq Stockholm Exchange under the ticker symbol TWW.

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