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Acroud has resolved on an issue of shares as consideration when acquiring Acroud Media Ltd

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The Board of Acroud AB (”Acroud”) has, based on the authorization given by the annual general meeting of the year 2022, resolved on a directed set-off issue of 6,711,409 shares at a price of GBP 0.149 per share (equal to approximately SEK 1.87 per share), corresponding to the volume weighted average price of the share for a period of 20 business days before October 18, 2022.

The issue is made due to Acroud’s acquisition of 60 % of the shares in Acroud Media Ltd (the “Target Company”), which was published in a press release on October 13, 2022. The newly issued shares constitute part of the agreed consideration for the shares in the Target Company which Acroud acquired from the previous shareholder of Target Company (the “Seller”). All of the newly issued shares have been subscribed for by the Seller. The Seller has entered into a lock-up agreement regarding the newly issued shares.

The directed set-off issue will result in an increase of the number of shares in Acroud of 6,711,409 and an increase in the share capital by EUR 169,788.402553. This entails an increase in the number of shares from 129,659,355 to 136,370,764 and an increase in the share capital from EUR 3,280,183.753 to EUR 3,449,972.155553, corresponding to a dilution of approximately 4.9 percent of the shares and votes in Acroud.

For further information, please contact:

Robert Andersson, President and CEO
+356 9999 8017

Roderick Attard, CFO
+356 79254722

ACROUD AB (publ)
Telephone:     +356 2132 3750/1
E-mail:        info@acroud.com
Website:       www.acroud.com

From August 2021 (Q221 Report) report Acroud has changed reporting and company language to English. When press releases are issued in both English and Swedish, the English version will supersede the Swedish version.

 is a fast-moving challenger in the space of iGaming Affiliation and B2B SaaS Solutions. Along with its core affiliate business, which contains 30+ comparison and news sites under strong digital brands in multiple verticals, Acroud develops and offers SaaS (Software as a Service) solutions within the affiliate industry. The company also provides streaming services and runs the innovative gaming event – The Festival Series. Following a number of mergers in 2020 and 2021, many talented industry experts have joined Acroud's journey, leading the organization towards a Software-Based Affiliation company. Driven by the sustainable growth and profitability of our partners, our mission is to connect People, Content Creators (Youtubers, Streamers, Affiliates) and Businesses. Acroud has been listed on the Nasdaq First North Growth Market under the ticker symbol ACROUD since June 2018. The appointed Certified Adviser is FNCA Sweden AB, info@fnca.se, +46 8 528 00 399.


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