June 12, 2017
Stillfronts the CEO and the CFO buying options
Stillfronts CEO Jörgen Larsson has acquired 60 000 warrants, and the CFO, Sten Wranne has acquired the 40 000 warrants. Jörgen Larsson completed the acquisition through one of him’s wholly owned companies.
An extraordinary general meeting on 18 april 2017 decided on a directed issue of a maximum of 299 189 warrants, each entitling to subscription of one share in the Stillfront Group. The warrants are issued in order to provide incentives for the group’s present and future key employees. 60 000 warrants would be offered to Jörgen Larsson and 40 000 stock options would be offered Sten Wranne. The remaining warrants shall be offered to present and future key employees.
Each warrant entitles the holder to subscribe for one share at a price of 152,74 $ per share. The subscription period is 15 may 2020 1 June 2020.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Jörgen Larsson, CEO
Tel: 070-321 1800
Sten Wranne, CFO
Phone: +46 705 851258
Stillfront is a group of independent developers, publisher and distributor of digital games – with the vision to become one of the leading group of indie game developers and publishers. Stillfront is active through six almost-independent subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in Sweden and the united kingdom, Dorado Online Games in Malta, Simutronics in the united states, basra province Games in the UAE and Jordan, and eRepublik in Ireland and in Romania. The group’s games are distributed globally, and has its main markets in France, UK, Germany, USA and MENA. For more information, visit the Stillfronts website www.stillfront.com.
Stillfronts portfolio includes games for a variety of platforms. Unravel, developed by Coldwood, in collaboration with Electronic Arts, were awarded at E3 and gamescom over 20 awards and was launched in February 2016. Supremacy 1914, the Call of War is krigsstrategispel developed by Bytro Labs. ManagerZone is a sportsmanagementspel which was launched in 2001. DragonRealms and GemStone IV are the so-called MUD-game with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Tank Storm and the Admiral are mobilstrategispel with very strong spelarbaser, which is in the region of basra province Games. World at War is a successful mobile strategy game from eRepublik.
The Nasdaq First North ticker symbol: SF
Certified Adviser: Avanza Bank, tel 08-4094 2120
This information is such that Stillfront Group AB (publ) is obliged to publish in accordance with the EU regulation on market abuse. The information submitted through the above contact person in the government for publication on 12 June 2017 08.45 CEST.