Stillfront Group AB: FKL restructures its ownership
January 18 2018 - 8:43AM
YASTEST
PRESS RELEASE
January 18, 2018
FKL restructures its ownership
The three founders of Stillfront's subsidiary,
Bytro Labs restructure their ownership in Stillfront. The founders
Felix Faber, Tobias Kringe and Christopher Lörken have had their
ownership jointly through the company FKL Holding, with one-third
ownership each. A restructuring has now been carried out so that
the three founders now own shares in Stillfront directly instead of
indirectly via FKL Holding. The three founders thus have unchanged
exposure in Stillfront. Following the transactions, FKL Holding has
no ownership in Stillfront.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Sten Wranne, CFO
Phone: +46 705 851 258
sten@stillfront.com
ABOUT STILLFRONT
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 nine 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,
eRepublik in Ireland and Romania, OFM Studios in Germany and
GoodGame Studios in Germany. Stillfront's games are distributed
globally. The main markets are Germany, the United States, France,
UK and MENA. For further information, please visit
www.stillfront.com.
SELECTED GAMES
Stillfront's portfolio includes games across
multiple platforms. Unravel is a widely acclaimed console game
developed by Coldwood in collaboration with Electronic Arts.
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. Siege: Titan
Wars(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: WW2 and
War and Peace: Civil War are a successful mobile strategy games
developed and published by eRepublik Labs. Online Fussball Manager
is a leading sports management game. Empire and BigFarm are major
IPs operated by GoodGame Studios.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Stillfront Group AB via Globenewswire
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