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On 16 May 2024, the Annual General Meeting of MTG resolved on a reduction of the share capital by SEK 16,790,500 by way of cancellation of 3,358,100 Class B shares held in treasury by MTG, which comprised Class B shares repurchased by MTG during the period between 4 September 2023 and 31 December 2023 under its up to SEK 300m share repurchase program announced on 1 September 2023, as well as Class B shares repurchased by MTG during the period between 27 April 2023 and 8 May 2023 under its up to SEK 400m share repurchase program announced on 25 October 2022. The reduction of the share capital by way of cancellation of repurchased shares was completed during August 2024.
Additionally, during the month of July 2024, MTG received requests for reclassification of Class A shares into Class B shares from shareholders in accordance with the provisions in MTG’s articles of association. As a result, in August 2024, 8,526 Class A shares have been reclassified into Class B shares. Hence, the total number of Class B shares increased with 8,526 and the total number of Class A shares decreased with 8,526 during August 2024.
As of 30 August 2024, the number of shares and votes in MTG amounts to 128,310,627 shares and 133,144,851 votes. The total number of shares consist of 537,136 Class A shares, 121,449,148 Class B shares and 6,324,343 Class C shares.
As of 29 August 2024, MTG holds 6,324,343 Class C shares and 1,984,394 Class B shares in treasury. MTG may not represent these shares at general meetings of the company.
This disclosure contains information that MTG is obliged to make public pursuant to the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication, through the agency of the contact person, on 30-08-2024 18:00 CET.
For more information:
Anton Gourman, VP Communications and IR
Direct: +46 73 661 8488, anton.gourman@mtg.com
About MTG
MTG (Modern Times Group MTG AB (publ)) (www.mtg.com) is an international mobile gaming group that owns and operates gaming studios with popular global IPs across a wide range of casual and mid-core genres. The group is focused on accelerating portfolio company growth and supporting founders and entrepreneurs. MTG is an active driver of gaming industry consolidation and a strategic acquirer of gaming companies around the world. We are born in Sweden but have an international culture and global footprint. Our shares are listed on Nasdaq Stockholm under the tickers MTGA and MTGB.
