Aonic AB (publ) to receive significant capital contribution from Metric Capital Partners and Active Ownership

Stockholm, Sweden, 16 December 2024 – Myra V S.à r.l., a company controlled by the European private capital firm Metric Capital Partners LLP ("MCP"), as well as Aonic HoldCo S.à r.l. and Aonic HoldCo 2 S.à r.l., both of which are controlled by the Active Ownerhip Fund SICAV-SIF SCS ("AOF"), entered into a definitive agreement yesterday according to which funds advised by MCP agreed to invest EUR 100 million of primary capital in Aonic MidCo S.à r.l., the sole shareholder of Aonic AB (publ) (the "Company"). In addition, the AOF agreed to convert subordinated loan receivables against the Company in the amount of EUR 52 million into equity.

The transaction is expected to close in two tranches over the coming four weeks and will result in a contribution to the capital reserves of the Company in the amount of about EUR 146 million as well as an increase of the Company’s cash position of about EUR 93 million. The new funds will allow the Company to capitalise on M&A opportunities, as well as to accelerate game development across Mobile, PC/Console, and VR. Approximately EUR 10 million of the net proceeds are earmarked to fund an add-on minority acquisition in the Company's Tech segment, expected to close around year end.

For further information:

Paul Schempp, CEO
Email: paul.schempp@aonic.co

Aonic AB (publ)

Västra Trädgårdsgatan 15
111 53 Stockholm
Sweden

Phone: 08-698 87 00

This is information that Aonic AB (publ) 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 7.55 CET on 16 December 2024.

About us
Aonic is a video gaming group consisting of development studios and tech providers across all platforms. Our vision is to become the next global powerhouse in gaming and tech by championing dynamic and high potential teams unfold their full potential.
 

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