Media and Games Invest plc (“MGI” or the “Company”), a company in the digital and games sectors, has successfully completed a private placement of shares raising proceeds of approximately SEK 300 million. The private placement of shares is made as a step in MGI's dual listing on Nasdaq First North Premier Growth Market in Stockholm.
Prior to the dual listing in Stockholm, the Company's shares are listed in the Scale segment of the Frankfurt Stock Exchange. In addition, the Company's subsidiary gamigo AG has a bond listed on Nasdaq Stockholm.
MGI's first day of trading on Nasdaq First North Premier Growth Market in Stockholm is expected to be 6 October 2020.
MGI is a digital games company with main operational presence in EMEA and North America. The Company has an active position in games supported by a media unit. MGI follows a "Buy, Integrate, Build and Improve" strategy through organic growth and acquisitions.
Baker McKenzie is legal advisor to MGI in the dual listing with a Swedish capital markets team consisting mainly of Joakim Falkner, Johanna Flink, Ian Gulam, Marlene Wiklund and Stefan Balazs and with Christoph Wolf from the capital markets group team in Frankfurt as well as Amir-Kia Waxman from the tax team in New York. Pareto Securities acts as Sole Manager and Bookrunner in the dual listing.
Joakim Falkner, Advokat, Partner, Solicitor, Head of Capital Markets in Europe, Middle East & Africa - Baker McKenzie, tel +46 8-566 177 80, firstname.lastname@example.org