Stillfront Group AB: Stillfront CEO and CFO acquires warrants
June 12, 2017
Stillfront CEO and CFO acquires warrants
Stillfront's CEO Jörgen Larsson has acquired 60,000 warrants and CFO Sten Wranne has acquired 40,000 warrants. Jörgen Larsson made the acquisition through a legal entity wholly owned by him.
An extra general shareholders' meeting April 18, 2017, resolved on a directed issue of not more than 299,189 warrants, whereby each warrant entitles to subscription of one share in Stillfront Group. The purpose of the directed issue of warrants is to constitute an incentive for the group's current and future key employees. 60,000 warrants were to be offered to Jörgen Larsson and 40,000 warrants were to be offered to Sten Wranne. The remainder of the warrants are to be offered to current and future key individuals.
Each warrant entitles to subscription of one Stillfront share at a subscription price of 152.74 SEK per share. Subscription can be made during the period May 15, 2020 - June 1, 2020.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Jörgen Larsson, CEO at Stillfront
Phone: +46 70 321 18 00
Sten Wranne, CFO at Stillfront
Phone: +46 705 851258
Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through six near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan and eRepublik in Ireland and Romania. Stillfront's games are distributed globally. The main markets are France, UK, Germany, the United States and MENA. For further information, please visit www.stillfront.com.
Stillfront's portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War is a successful mobile strategy game developed and published by eRepublik Labs.
Nasdaq First North Ticker Symbol: SF
Certified Adviser: Avanza Bank, phone +46 8 4094 2120
This information is information that Stillfront Group 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 08.45 CEST on June 12, 2017.