StarVR Corporation first day of trading on TPEx's Emerging Stocks Board

STOCKHOLM, SWEDEN (23 April, 2018) – Starbreeze joint venture StarVR Corporation's share is from today traded on TPEx's Emerging Stocks Board. The share was initially traded at prices from 69-96 TWD (Taiwanese dollars) per share. The total number of shares issued in StarVR Corporation is 48,218,000, of which 3.11 percent has been made available for trading. Starbreeze has not divested shares in connection with the listing, and the shareholding in StarVR Corporation remains at some 33 percent.

StarVR Corporation has applied for and is approved for listing on the TPEx's Emerging Stocks Board with the first day of trading today, April 23, 2018 under the Chinese name Hongxing Technology Co and stock ticker 6681. Prior to listing, Acer divested 4.69 percent of its shares in StarVR Corporation. 

The listing of StarVR Corporation does not affect Starbreeze accounting since the ownership in the joint venture is reported in accordance with the equity method.

See previous press release from StarVR Corporation: https://news.cision.com/starvr/r/starvr-corporation-completes-application-for-public-issuance-in-taiwan--marks-first-step-for-ipo-pro,c2484279  

StarVR Corporation was founded as a joint venture between Swedish entertainment content creator, publisher and innovator Starbreeze, and Acer, one of the world's top ICT companies with a presence in over 160 countries. StarVR Corporation designs, manufactures, promotes, markets and manages sales and support of StarVR solutions to the professional, enterprise, and location-based entertainment market. Headquartered in Taipei, StarVR Corporation also has presence in Los Angeles, Paris and Stockholm.

For more information, please contact: 
Ann Charlotte Svensson, Head of Investor Relations and Corporate Communications at Starbreeze
Tel: +46(0)8-202 509, email: ir@starbreeze.com

This information is such that Starbreeze AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.45 CET on 23 April 2018. 

About Starbreeze

Starbreeze is a global game company whose vision is to be a leading provider in the entertainment industry by creating world-class experiences. Starbreeze was founded in 1998 and has since evolved into a well-established developer and publisher of PC and console games and VR products aimed at the global market. With studios in Stockholm, Paris, Los Angeles, San Francisco, Barcelona, Brussels, Bangalore and Dehradun, Starbreeze develops high-quality entertainment products based on proprietary and third-party rights, both in-house and in partnership with external game developers. Operations are organized in three business areas: Starbreeze Games, Publishing and VR Tech & OperationsStarbreeze shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share). For more information, please visit starbreeze.com


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About Us

Starbreeze is an independent creator, publisher and distributor of high quality entertainment products. With studios in Stockholm, Paris, Los Angeles, Barcelona and Brussels, the company creates games and other virtual reality entertainment products, based on proprietary design and licensed content. Starbreeze most recent games include PAYDAY 2®, John Wick VR shooter and upcoming survival co-op FPS OVERKILL’s The Walking Dead. Under its publishing initiative, Starbreeze has together with Canadian studio Behaviour Digital successfully launched horror thriller Dead by Daylight. Starbreeze has set out to develop truly immersive virtual reality (VR) experiences by integrating software and hardware in its StarVR® head mounted display, produced together with Acer. Together with wholly owned subsidiary Enterspace, Starbreeze further solidifies its presence in location based entertainment. StarVR can additionally be found at IMAX VR Centres in Los Angeles and New York. Headquartered in Stockholm, Sweden, Starbreeze shares are listed on Nasdaq Stockholm First North Premier under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share). Remium Nordic is the company's Certified Adviser. More information: starbreeze.com, starvr.com, overkillsoftware.com

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