Trig Social Media AB: Trig signs heads of terms to acquire Fantrac

Nacka Strand 2017-01-30 (pta033/30.01.2017/18:00 UTC+1) The Board of Directors of Trig Social Media AB (ISIN SE0006027546 | WKN A116BG) are proud to announce that it has signed heads of terms regarding the acquisition of Fantrac Global Limited.

A full acquisition agreement is pending Fantrac shareholder approval and is expected to be completed before the end of February 2017. The companies have identified a range of synergetic elements paving the way for a series of acquisitions.

"Bringing Fantrac into our family is a strategical and tactical move that leverages and unlocks potential in both companies" comments Anthony Norman, Managing Director of Trig Social Media.

Trig will pay for the acquisition by issuing approximately 150 000 000 new shares with a performance based additional payment.

Fantrac is a well-established player within social media focusing on celebrities. Their website www.myfantrac.com has recently been updated and Trig will integrate some of its technology in the next release.

"I believe this acquisition is a very welcome first step in the changes to Trig's operational structure that was announced in 2016. As with many good things, these changes have taken time to finalize but we are looking forward to joining the management team of Trig and to bring the values of Fantrac to the Trig shareholders." says Wayne Lochner, co-founder and Managing Director of Fantrac.

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About Trig Social Media AB (Publ.)
Trig Social Media (Publ.) is a global social media platform provider who has designed a range of social user-engagement product applications such as Trig.com, Trig Money, Momentik by Trig and HeyHey. The global growth of the company's product applications is being developed directly with users as well as via country Franchisees, affiliates, and ambassadors.

Risk Disclaimer
The directors of TRIG accept responsibility for the information contained in this announcement relating to TRIG. To the best of the knowledge and belief of the directors of TRIG (who have taken all reasonable care to ensure such is the case), the information contained in this announcement is in accordance with the facts and does not affect the import of such information.

Company Contact:
Trig Social Media AB
Anthony Norman, Managing Director
Phone: +46 (0) 40-60 60 284
Fax: +46 (0) 40-692 92 52
Email: info@trig.com
S - 131 28 Nacka Strand
Sweden

Investor Relations Contact:
Noack Consult & PARTNERS
Phone: +49 (0) 173 6793092
Email: pnconsult@yahoo.de

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Emitter:	Trig Social Media AB PO Box 1268 13128 Nacka Strand Sweden
Contact Person:	Anthony Norman
Phone:	+46 40 6060284
E-Mail:	anthony.norman@trig.com
Website:	www.trig.com
ISIN(s):	SE0006027546 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Dusseldorf