The Swedish gaming company Stillfront Group AB (publ) has resolved on a share issue directed to Swedish and international institutional investors. Through the share issue, Stillfront will receive proceeds of approximately SEK 500 million before transaction costs.

The purpose of the share issue is to provide Stillfront with additional equity capital in order to further strengthen the company’s future financial flexibility and utilise on opportunities for continued profitable growth through acquisitions.

Carnegie Investment Bank AB (publ) and Swedbank AB (publ) act as Joint Global Coordinators and Joint Bookrunners (jointly referred to as “Managers”) in connection with the share issue. Baker McKenzie acts as legal counsel to the Managers. Baker McKenzie’s team mainly consists of Joakim Falkner, Henric Roth and Ian Gulam.

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