MTG notes announcement by Kinnevik of intention to distribute its shareholding in MTG
MTG (the “Company”) notes that its largest shareholder, Kinnevik AB (publ) (“Kinnevik”), holding 47.6 per cent of the votes and 20 per cent of the shares in the Company, has today announced that its Board of Directors will convene an Extraordinary General Meeting of its shareholders to be held during the third quarter of 2018 and propose that its shares in the Company be distributed to Kinnevik’s shareholders. The announcement can be found at www.kinnevik.com.
NOTES TO EDITORS
MTG (Modern Times Group MTG AB (publ)) is a leading international digital entertainment group and we are shaping the future of entertainment by connecting consumers with the content that they love in as many ways as possible. Our brands span TV, radio and next generation entertainment experiences in esports, digital video content and online gaming. Born in Sweden, our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).