Stillfront resolves to allot subscribed shares to the sellers of each of Babil Games, Imperia Online and Playa Games
Press release 2020-07-08Stillfront Group AB (publ) resolves to allot the subscribed shares in the directed new issues of shares to the sellers of Babil Games FZ LLC, Imperia Online JSC and Playa Games GmbH respectively. Babil Games The general meeting in Stillfront resolved on 14 May 2020 on a directed new share issue of not more than 179,217 shares to the sellers of Babil Games, as part of the earn-out consideration to be paid following Stillfront’s acquisition of all of the shares in Babil pursuant to the terms of the acquisition agreement. The earn-out consideration for 2019,