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  • MTG
    Skeppsbron 18, 111 30 Stockholm
    +46 (0) 8 562 000 50
    http://www.mtg.se

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    Hutch is a fantastic company led by a very experienced and talented leadership team. We are pleased to now formally and fully welcome them to our group, and specifically to our recently formed new GamingCo. We are eager to support them in the next chapter of their growth journey, which starts now.
    Maria Redin, Group President and CEO, MTG
    Hutch is a true front-runner, responsible for some of the most successful titles in the fast-growing mobile racing category and spearheaded by an exceptionally strong and highly-experienced team. We are thrilled to welcome Hutch to MTG, both as a stellar company in its own right, and as the first investment made by our new gaming holding company.
    Maria Redin, Group President and CEO, MTG.
    Through the creation of a new joint gaming group together with InnoGames' founders, InnoGames’ best-in-class expertise in user acquisition, live operations and business intelligence strategies can now benefit all of MTG’s gaming vertical companies, as well as future new acquisitions.
    MTG’s CEO and Group President, Maria Redin
    We are pleased to see this agreement which further establishes the ESL Pro Tour as the leading esports circuit format globally. This serves as yet another example of ESL’s and DreamHack’s shared ambition to build and commercially professionalize the global business of esports.
    Jørgen Madsen Lindemann, President and CEO of MTG.
    “We are excited to announce this term sheet for an important strategic partnership which provides us with a strong partner in Huya to pave the way for a successful ESL expansion into the thriving Chinese esport and gaming market in due time,”
    MTG President and CEO Jørgen Madsen Lindemann.
    President and CEO Jørgen Madsen Lindemann
    “As we conclude and report the second quarter in 2019 we see strong improvements in both our esport and gaming verticals. We deliver a record high adjusted EBITDA margin of 29 percent, and we continue to be one of the most active VC players in the landscape through our VC fund, with three new investments made in the quarter,”
    “Bit Heroes has potential, and we look forward to see Kongregate bring the game to massive new audiences in Asia. As owners of Kongregate we’re proud to see yet another strong example of their proven and established acquisition model; prove out an innovative game concept on web or PC, scale the game through direct publishing, then reward the game creators with an investment or, in this case, an acquisition,”
    Jørgen Madsen Lindemann, President and CEO MTG.
    “Gaming and esport is the future of entertainment, and we are excited to invest in what we believe are seven of the most promising early stage startups with excellent teams, products and ideas”
    Jørgen Madsen Lindemann, President and CEO of MTG.
    “We are already seeing attractive valuation upticks based on latest financing rounds in our investments, such as Phoenix Labs, AppOnboard and the BITKRAFT seed fund. Deal flow and value creation opportunities continue to improve now that we have established MTG as a leading games & esports VC in the West”, says
    Arnd Benninghoff, EVP esports and games at MTG
    Our performance during 2015 clearly demonstrates that the transformation is working. Our products have never been stronger and we aim to grow both our sales and profits in 2016
    Jørgen Madsen Lindemann, President & Chief Executive Officer
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    Increased number of shares and votes in Modern Times Group MTG AB (publ)

    STOCKHOLM, 30 June 2021 – Modern Times Group MTG AB (publ) ("MTG") announces the increased number of shares and votes in the company.As of today, 30 June 2021, the total number of shares and votes in MTG is 110,820,712 shares and 115,731,670 votes. The total number of shares is divided among 545,662 class A shares, 110,145,050 class B shares and 130,000 class C shares. The number of shares and votes has increased during June as a result of the issue of 4,435,936 class B shares to the sellers of Ninja Kiwi that MTG announced on 1 June 2021. MTG holds 304,880 class B shares and all 130,

    MTG's DreamHack in new deal with Epic Games on return of popular Fortnite esports tournament format

    STOCKHOLM, April 26, 2021 — Modern Times Group MTG AB’s (“MTG”) (publ) DreamHack – part of ESL Gaming – has today announced the entering in an agreement with publisher Epic Games on the return of the tournament series “DreamHack Open Featuring Fortnite” from last year.Each season of Fortnite’s competitive calendar — spring, summer and fall — will feature a DreamHack Open with a prize pool of USD 200 000 each. The first DreamHack Open Featuring Fortnite will begin in May with each duos tournament to be broadcast live on Twitch. In addition, there will be a total of 18 events in 2021 under

    Q1 2021 January-March results conference call invitation

    STOCKHOLM, April 9, 2021 — Modern Times Group MTG AB (“MTG”) (publ) will publish its Q1 2021 financial results at 14.00 CEST on Thursday April 29[th].MTG will host a conference call at 15.00 CEST on the same day, with Group President & CEO Maria Redin and CFO Lars Torstensson participating. To participate, please dial in using details below: Sweden, Stockholm.............. +46 (0) 856 618 467UK, London............................ +44 (0) 844 481 9752US, New York......................... +1 646 741 3167Std International Dial-In:..... +44 (0) 2071 928338

    Increased number of shares and votes in Modern Times Group MTG AB (publ)

    STOCKHOLM, 31 March 2021 – Modern Times Group MTG AB (publ) ("MTG") announces the increased number of shares and votes in the company.As of today, 31 March 2021, the total number of shares and votes in MTG is 106,384,776 shares and 111,295,734 votes. The total number of shares is divided among 545,662 class A shares, 105,709,114 class B shares and 130,000 class C shares. Each class A share entitles to ten votes, and each class B share and class C share, respectively, entitles to one vote, at general meetings of the company. The number of shares and votes has increased during March as a

    Increased number of shares and votes in Modern Times Group MTG AB (publ)

    STOCKHOLM, 26 February 2021 – Modern Times Group MTG AB (publ) ("MTG") announces an increased number of shares and votes in the company.MTG announces that as of today, 26 February 2021, the total number of shares and votes in the company is 96,595,252 shares and 101,506,210 votes. The total number of shares is divided among 545,662 class A shares and 96,049,590 class B shares. Each class A share entitles to ten votes, and each class B share entitles to one vote, at general meetings of the company. The number of shares and votes has increased during February as a result of MTG's rights

    MTG releases trading update for Q4 2020

    ALL FINANCIAL INFORMATION REGARDING Q4 2020 AND THE FULL-YEAR 2020 IN THIS PRESS RELEASE IS OF A PRELIMINARY NATURE. THE INFORMATION HAS NOT BEEN AUDITED OR REVIEWED BY THE COMPANY’S AUDITORS. THE COMPANY’S INTERIM FINANCIAL REPORT FOR Q4 2020 IS PLANNED TO BE PUBLISHED ON 25 FEBRUARY 2021.STOCKHOLM, January 14[th], 2021 – Modern Times Group MTG AB (publ) (“MTG”), today publishes financial information and certain operational information regarding the company’s performance in Q4 2020. The purpose of the announcement is to provide the market and the shareholders with updated company

    MTG acquires Hutch – a leading developer and publisher of mobile racing games

    STOCKHOLM, December 8th 2020 – Modern Times Group MTG AB (publ.) (“MTG”) acquires Hutch Games Ltd. (“Hutch”), a leading developer and publisher of free-to-play mobile games focused on the racing genre in the highly attractive midcore segment (the “Transaction”). The acquisition enables strong growth opportunities within a new and highly attractive game category for MTG while also further diversifying the group’s games portfolio. The up-front consideration amounts to USD 275 million (on a cash and debt free basis) and earn-out payments at an expected value of USD 100 million in aggregate. MTG

    Q3 2020 July-September results conference call

    STOCKHOLM, October 8[th], 2020 — Modern Times Group MTG AB (publ.) (“MTG”) will publish its Q3 2020 financial results at 02.00pm CET on November 4[th] and will hold a conference call at 03.00pm CET on the same day. The call will be hosted by MTG’s President and CEO Maria Redin, and the company’s CFO Lars Torstensson.To participate, please dial: Sweden: +46 (0) 856 618 467UK: +44 (0) 844 481 9752US:  +1 646 741 3167 The access pin code for the call is 747 68 15. The conference will also be available live in “listen-only” mode at www.mtg.com

    Jørgen Madsen Lindemann to leave his position as CEO and President of MTG AB

    STOCKHOLM, July 23rd 2020 — Modern Times Group MTG AB’s (publ.) (“MTG”) CEO and President Jørgen Madsen Lindemann has informed the MTG Board of Directors of his decision to leave the company and has submitted his letter of resignation. After 26 years of service, he has decided to step down to free up time to pursue other challenges and for the company to facilitate its long-term CEO succession planning. The Board has reluctantly accepted Jørgen Madsen Lindemann’s resignation.The Board will activate its internal and external succession candidate list, with the support of international search

    DreamHack in agreement with Epic Games on new Fortnite tournament series

    STOCKHOLM, June 22nd 2020 — Modern Times Group MTG AB’s (publ.) (“MTG”) esports portfolio company DreamHack has today announced the launch of a new tournament series featuring Fortnite following the entering in a new agreement with Epic Games. The tournament – with a monthly prize pool of USD 250,000 and a total of USD 1.75 million - will to be broadcasted live on Twitch.“DreamHack has a unique standing and position in the global gaming and esports community, and we are very pleased to see yet another leading publisher acknowledge this by trusting them with production of their esports

    MTG Annual General Meeting 2020

    STOCKHOLM, May 18th 2020 — Modern Times Group MTG AB (publ) (“MTG”) today held its Annual General Meeting (the "AGM"). The AGM resolved in accordance with all the proposals of the Board and Nomination Committeee.The AGM resolved to re-elect Board members David Chance, Simon Duffy, Gerhard Florin and Natalie Tydeman, and to elect Marjorie Lao, Chris Carvalho and Dawn Hudson as new members of the Board. The AGM also re-elected David Chance as Chairman of the Board. The AGM adopted the Income Statement and the Balance Sheet as well as the consolidated Income Statement and the consolidated

    MTG announces termination by mutual agreement with HUYA of negotiations on definitive agreement for China Joint Venture and ESL investment

    STOCKHOLM - January 21st, 2020 08.00am CET — Modern Times Group MTG AB (MTG) today announces that MTG and HUYA Inc. (Huya) have mutually terminated the negotiations related to the definitive agreement for the forming of a strategic Joint Venture for esport expansion into China and a minority stake investment in MTG’s portfolio company ESL.The term sheet agreement was originally announced September 2nd 2019 and has since been subject to customary due diligence and final negotiations. Differing views between the two parties on allocation of contractual risk and other key commercial terms are

    Q3 2019 interim report July-September

    · MTG continued to deliver on its strategic direction, reporting seasonally robust operational development for the quarter · Esports sales were up 12 percent, despite one less Master property compared with Q3 2018. The positive development was mainly driven by increased sponsorship sales · Stable development for the gaming vertical, supported by a strong operational recovery in Kongregate. ARPDAU increased by 7 percent in constant currencies compared to same period last year · MTG VC fund invested SEK 10 million in three growth companies, two of which comprised new investments

    MTG’s ESL and DreamHack launches ESL Pro Tour in 2020; The World’s Largest Counter-Strike: Global Offensive Circuit with an aggregated prize pool of over $5 million

    · MTG portfolio companies ESL and DreamHack today jointly announces the forming of ESL Pro Tour; the world’s largest Counter-strike: Global Offensive (CS:GO) circuit ever, co-developed and executed by the two companies · The circuit will link over twenty CS:GO tournaments and leagues on five continents and feature an aggregate prize pool of over USD 5 million for 2020 · MTG owns 82 percent of the world’s largest esports company ESL and 100 % of Swedish premier gaming lifestyle festival DreamHack. The ESL Pro Tour launch is the first of several moves to create global esports tours

    MTG Enters into Term Sheet with HUYA Inc. Regarding the Forming of a Joint Venture for China Esports Expansion and HUYA Investment into ESL

    September 2nd, 2019 08.00am CEST — Modern Times Group MTG AB (MTG) today announces the entering into a binding term sheet and the forming of a strategic joint venture as part of a transaction that allows HUYA Inc. to acquire a minority stake in MTG’s portfolio company ESL.· Modern Times Group MTG AB (MTG) today announces the signing of a term sheet for a new strategic partnership with leading Chinese game live streaming platform HUYA Inc. (Huya).  · Pursuant to the term sheet, Huya has agreed to form a joint venture with MTG's portfolio company Turtle Entertainment GmbH (ESL), the

    MTG portfolio company Kongregate acquires hit mobile and web game Bit Heroes

    Friday, July 19, 2019 — Modern Times Group MTG AB portfolio company Kongregate - a cross-platform game publisher and web gaming destination -  today announces the acquisition of Bit Heroes, a successful indie mobile and web role playing game (RPG) from American Reno-based developer Juppiomenz.· The hit game title Bit Heroes has amassed USD 10 million in net revenue and attracted over 14 million game plays since launched in September 2016 · Kongregate to further develop Bit Heroes with new content and expand the games reach through further expansion into Asia · Kongregate and developer

    Q3 2012 Interim Report

    18 October 2012 – Modern Times Group MTG AB (publ.) (“MTG” or “the Group”) (Nasdaq OMX Stockholm Large Cap Market: MTGA, MTGB) today announced its financial results for the third quarter and nine months ended 30 September 2012.Investing in Growth Third Quarter Highlights · Net sales of SEK 2,940 (3,106) million – down 5% year on year at reported exchange rates and down 1% at constant exchange rates · Operating income of SEK 288 (358) million when excluding associated company income · Total operating income of SEK 422 (526) million when including SEK 134 (168) million of

    Q1 2011 Interim Report

    18 April 2011 – Modern Times Group MTG AB (publ.) (“MTG” or “the Group”) (Nasdaq OMX Stockholm Large Cap Market: MTGA, MTGB) today announced its financial results for the first quarter ended 31 March 2011.Record Results – Double Digit Sales Growth & Higher Margins First Quarter Highlights[1] · Net sales up 10% year on year at constant exchange rates and up 2% year on year at reported exchange rates to SEK 3,125 (3,054) million · Operating income up 15% year on year to SEK 432 (377) million, with increased operating margin of 14% (12%), when excluding SEK 253 (107) million of

    Q4 and Full Year Interim Report 2010

    10 February 2011 – Modern Times Group MTG AB (publ.) (“MTG” or “the Group”) (Nasdaq OMX Stockholm Large Cap Market: MTGA, MTGB) today announced its financial results for the fourth quarter and full year ended 31 December 2010. RECORD RESULTS & INCREASED DIVIDEND  Fourth Quarter Highlights* · Net sales up 12% year on year at constant exchange rates and up 5% year on year at reported exchange rates to SEK 3,618 (3,461) million · Operating income up 14% year on year to SEK 653 (573) million, with increased operating margin of 18% (17%), when excluding SEK 93 (101) million of

    Q2 2010 Interim Report

    20 July 2010 – Modern Times Group MTG AB (publ.) (“MTG” or “the Group”) (Nasdaq OMX Stockholm Large Cap Market: MTGA, MTGB) today announced its financial results for the second quarter and six months ended 30 June 2010.Second Quarter Highlights · Net sales up 8% year on year to SEK 3,870 (3,584) million – up 13% year on year at constant exchange rates · Free-TV Scandinavia net sales up 13% year on year to SEK 1,116 (984) million – up 18% year on year at constant exchange rates   · Operating income up 26% year on year to SEK 603 (478) million, with increased operating margin of 16%

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