Skip to content

Press releases

Regulatory

Notice of Annual General Meeting in Stillfront Group AB (publ)

The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 (the “Company” or “Stillfront”), are hereby given notice of the annual general meeting to be held on Thursday, 12 May 2022 at 16.00 (CET) on Strandvägen 7A in Stockholm, Sweden. The entrance to the meeting will open at 15.30 (CET).

Regulatory

Stillfront announces the final outcome of the oversubscribed rights issue

On 19 January 2022, Stillfront Group AB (publ) (“Stillfront”) announced that the board of directors had resolved on a preferential rights issue of approximately SEK 2.0 billion (the “Rights Issue”). The board of director’s resolution on the Rights Issue was approved by an extraordinary general meeting on 23 February 2022. The subscription period of the Rights Issue ended on 16 March 2022. Yesterday, on 17 March 2022, Stillfront announced the preliminary outcome of the Rights Issue. Stillfront can now confirm that the Rights Issue has been oversubscribed by 80.3 percent.

Regulatory

Stillfront publishes prospectus for the rights issue

On 19 January 2022, Stillfront Group AB (publ) (“Stillfront”) announced that the board of directors had resolved on a rights issue of approximately SEK 2.0 billion (the “Rights Issue”). The board of directors’ resolution on the Rights Issue was approved by an extraordinary general meeting on 23 February 2022.

Regulatory

Stillfront announces the terms of its rights issue

On 19 January 2022, Stillfront Group AB (“Stillfront”) announced that the board of directors had resolved, subject to approval by an extraordinary general meeting to be held on 23 February 2022, on a rights issue of approximately SEK 2.0 billion (the “Rights Issue”). Today, Stillfront’s board of directors announces the terms of the Rights Issue.

Regulatory

Notice of Extraordinary General Meeting in Stillfront Group AB (publ)

The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 (the “Company” or “Stillfront”), are hereby given notice of an Extraordinary General Meeting to be held on 23 February 2022 at 15:00. The Extraordinary General Meeting will be held at the Company’s office at Kungsgatan 38 in Stockholm.

Regulatory

Stillfront releases trading update for Q4 2021

INSIDE INFORMATION: Stillfront Group AB (publ) (“Stillfront”) is hereby announcing an update regarding its business performance for the fourth quarter 2021. All financial information in this press release is of a preliminary nature and the information has not been audited or reviewed by the company’s auditor. The purpose of the announcement is to provide the market and the shareholders with updated financial information in connection with Stillfront’s acquisition of 6waves and the resolution on the rights issue of approximately SEK 2.0 billion, which was announced earlier today (please refer to the separate press release regarding the acquisition of 6waves and the rights issue, available on www.stillfront.com)

Regulatory

Stillfront acquires Six Waves Inc. and resolves on a rights issue of approximately SEK 2.0 billion

INSIDE INFORMATION: Stillfront Group AB (publ) (“Stillfront”) has entered into an agreement to acquire up to 100 percent[1] of the shares in Six Waves Inc. (“6waves”) for a total upfront consideration of USD 201 million on a cash and debt free basis (the “Transaction”). 6waves is a leading publisher of mobile free-to-play strategy games in Japan. Founded in 2008 in Hong Kong, 6waves has extensive experience of adapting and bringing high quality strategy games to the Japanese audience and will strengthen Stillfront’s presence in East Asia and specifically in the attractive Japanese gaming market. The sellers of 6waves are the founders, employees, and investors. As part of the financing arrangement of the Transaction, Stillfront’s board of directors has resolved on a preferential rights issue of approximately SEK 2.0 billion, which is subject to approval by an extraordinary general meeting (the “Rights Issue”). Stillfront’s largest shareholder Laureus Capital GmbH (“Laureus”) has committed to subscribe for its pro rata share of the Rights Issue and has also committed to guarantee up to a total amount of SEK 300 million (less the amount covered by its subscription undertaking) of the Rights Issue. In addition, a number of larger institutional shareholders in Stillfront have expressed their support for the Transaction whereof, Swedbank Robur Fonder, AMF Fonder and TIN Fonder, have also expressed that they have the intention to subscribe for their pro-rata share of the Rights Issue, at the time of the Rights issue. Laureus’ commitments, together with the aforementioned intentions to subscribe, encompass a total of 28.5 percent of the Rights Issue.[2] [3]