Starbreeze completes share issue for the PAYDAY-franchise consolidationSTOCKHOLM (June 7, 2016) - Starbreeze AB, today announced the completed share issue related to the PAYDAY-franchise consolidation and acquisition from 505 Games, earlier announced May 30th, issuing 10 934 211 B-shares in Starbreeze at 22,80 SEK per share. The shares, which represent approximately 4.3% of shares and 1.4% of votes, were issued by board resolution under authority from the AGM. After the issue, the total number of B-shares in Starbreeze is 196 832 410 and the total number of shares in Starbreeze 254 298 338.
The consolidation and acquisition of the full rights to the PAYDAY-franchise was first announced May 30th and the full release is available on the company website: http://www.starbreeze.com/2016/05/starbreeze-acquires-full-rights-payday-franchise-installed-base-14-million-users/
First launched in 2011, PAYDAY is a cooperative first-person shooter computer and video game franchise with more than 14 million players on PC, PlayStation 3, PlayStation 4, Xbox 360, XboxOne and SteamOS platforms.
Maeva Sponbergs, EVP Communication and Head of Investor Relations, Starbreeze AB
Tel: +46(0)8-209 208, email: email@example.com
Starbreeze is an independent creator, publisher and distributor of high quality entertainment products. With studios in Stockholm, Paris and Los Angeles, the company creates games and other virtual reality entertainment products, based on proprietary design and licensed content. Starbreeze's most recent games include PAYDAY 2, the adrenaline fueled bank robbing co-op game and the upcoming John Wick VR shooter and survival co-op FPS OVERKILL’s The Walking Dead.
Starbreeze has set out to develop truly immersive virtual reality experiences, by integrating software and hardware in its StarVR head mounted display, to be produced together with Acer, displaying a unique field of vision and a mission to bring top-end VR to large audiences. Starbreeze launched StarVR with a VR-experience at the Electronic Entertainment Expo (E3) in June 2015, gained by teaming up with French Infinite Eye. In January 2016, Starbreeze unveiled the StarCade initiative; centers that invites people to immerse themselves into premium VR experiences. The first cinematic VR experience “Cockatoo Spritz” directed by Stephane Barbato, premiered at the 69th Cannes Film Festival 2016.
Headquartered in Stockholm, Sweden, Starbreeze's shares are listed on Nasdaq Stockholm First North Premier under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A-share) and SE0005992831 (B-share). Remium Nordic is the company's Certified Adviser. For more information, please visit http://www.starbreeze.com, http://www.starvr.com, http://www.overkillsoftware.com