Management changes in LeoVegas - Johan Styren leaves his position as head of the Maltese subsidiary LeoVegas Gaming after 5 years

Johan Styren, head of LeoVegas Maltese subsidiary, LeoVegas Gaming Ltd., today announced that he leaves his employment. Johan, who has been employed as CEO of LeoVegas Gaming since 2012 and is part of LeoVegas management team, will remain as a Director of some of the Group subsidiaries during a transitional period, but will gradually withdraw from these assignments.

Going forward, Johan's responsibilities will be handled within the framework of the existing organization. Johan's last day in LeoVegas management team is June 30, 2017.

"When I started at LeoVegas 2012 we had just launched and had no customers. Today we are market leaders!" comments Johan Styren. "Since then, we have managed to build the world's best mobile casino, added sports games and live casino, listed on Nasdaq First North and made LeoVegas one of the best gaming companies in the world. After more than five fantastic years, I feel it's time to move on to new challenges."

"Johan has been very valuable to LeoVegas, primarily by being part of building our business in Malta. Johan has been part of creating what LeoVegas is today and I want to thank him for his amazing effort during his 5 years at LeoVegas. I wish him all the best in the future," comments Gustaf Hagman, Group CEO and LeoVegas co-founder.
                            

For further information, please contact:
Gustaf Hagman, Group CEO and co-founder: +46 70-880 55 22, gustaf.hagman@leovegas.com
Philip Doftvik, Head of Corporate Finance and Investor Relations: +46 73 512 07 20, philip.doftvik@leovegas.com
Visitors address: Sveavägen 59, Stockholm
Corporate identity number: 556830-4033

About the LeoVegas mobile gaming group
LeoVegas' vision is to create the ultimate mobile gaming experience and be number one in mobile casino. The business is distinguished by award-winning innovation and strong growth. LeoVegas' technical development is conducted in Sweden, while operations are based in Malta. The Swedish parent company LeoVegas AB (publ) invests in companies that offer gaming via mobile devices and desktop computers along with companies that develop related technologies. LeoVegas has attracted major international acclaim and has won numerous awards, including "Nordic Operator of the year", "Mobile Marketing Campaign of the year", and "Innovation in Mobile and Tablet of the Year" at the international EGR Awards. LeoVegas bases its development on "Mobile First" and is at the forefront of using state-of-the-art technology in the mobile gaming market. With a foundation in a great gaming experience, long-term customer relationships and establishment of a strong brand, the company has attracted a steadily growing customer base through innovative, effective and data-driven marketing. Since its start, the mobile gaming company LeoVegas has shown strong quarter-on-quarter growth. LeoVegas' shares are listed on Nasdaq First North Premier. Avanza Bank AB is the company's Certified Adviser. For more about LeoVegas, visit www.leovegasgroup.com or www.leovegas.com.