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Søren Sundahl is new Executive VP M&A and Business Development in LINK Mobility Group

3 October 2017

LINK Mobility Group ASA (“LINK” or the “Company”), one of Europe’s leading and fastest growing providers within B2C mobile messaging and mobile solutions, can announce Søren Sundahl as the Company’s new EVP of M&A and Business Development.

Søren Sundahl will be taking charge of M&A and Business Development in LINK, supported by a competent team to ensure the company’s planned M&A expansion in Europe and strategic outlook to become the number one provider within mobile messaging and mobile solutions. Søren Sundahl has 19 years of experience throughout the messaging business and holds vast knowledge on M&A opportunities in Europe.

The employment of Søren Sundahl as EVP of M&A and Business Development in LINK will align with the Company’s planned M&A expansion throughout Europe, ensuring a strong footprint in the industry. In combination with his knowledge and experience from LINK’s company acquisitions in Europe, LINK can strengthen the company position as a central player in Europe within mobile messaging and mobile solutions.

In relation to the employment of Søren Sundahl, Arild E. Hustad, CEO of LINK, says: “I am very happy to announce that Søren Sundahl is taking charge of M&A and Business Development in LINK. We have already acquired a lot of mobile messaging businesses in Europe and we plan to continue our expansion into mainland Europe. This is aligned with our strategic outlook to become the number one provider of mobile messaging and mobile solutions in Europe. Søren will be supported by a competent M&A team to ensure that we continue our planned M&A expansion and speed in Europe. Søren has more than 19 years of experience from the mobile messaging business and sold his company CoolSMS A/S in Denmark in 2015. He knows most of the company owners and entrepreneurs within the M&A opportunities in Europe”.

For sellers who want to scale up their current business and bring it to the next level, LINK will stand out as a preferred buyer in Europe due to the Company’s knowledge and experience on M&A’s within the mobile messaging and mobile solutions industry.

In relation to his new role within LINK, Søren Sundahl says: “I am pleased to take the position as EVP of M&A and Business Development in LINK Mobility. Through LINK’s M&A activities we will develop the company position from being a leading to being a dominant player in Europe within mobile messaging and mobile solutions. With my knowledge – being a part of the industry for 19 years – combined with my experience from acquiring companies throughout Europe, I am really looking forward to participating in developing LINK Mobility into an even stronger European company as we move forward.”

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About LINK Mobility Group ASA
LINK Mobility Group ASA is one of Europe’s leading providers within mobile communications, specialized in mobile messaging services, mobile solutions and mobile data intelligence. The Group offers a wide range of scalable services and solutions across industries and sectors due to the growing demand of digital convergence between businesses and customers, platforms and users. The Group is headquartered in Oslo/Norway and is listed on the Oslo Stock Exchange (ISIN: NO0010219702). LINK Mobility continues to experience strong organic growth with a high degree of recurring revenue as customers tend to move more business activities onto the mobile platforms. In 2016, LINK Mobility had a total turnover of 924 million NOK with offices in Norway, Sweden, Denmark, Finland, Latvia, Estonia, Bulgaria, Germany and Spain.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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