• Lars Torstensson to take up position as MTG EVP, Head of Communications & Investor Relations from 19 June 2019
• David Boyd appointed interim Head of Investor Relations at MTG from 28 January 2019
• Jette Nygaard-Andersen, MTG EVP, CEO of MTG International Entertainment & MTGx Digital Video Content, to pursue opportunities outside MTG from the end of February

The appointment of Lars Torstensson as MTG EVP, Head of Communications & Investor Relations reflects the ongoing process to split MTG into two companies – MTG and Nordic Entertainment Group – and list Nordic Entertainment Group in March 2019.

Torstensson is currently Chief Communications Officer at Swedish listed consulting company Sweco AB and has held communications, investor relations, strategy and business development positions at Gelato AS and Tele2 Group. He previously worked at Swedbank Robur and Handelsbanken Asset Management. As previously announced, current MTG EVP and Head of Communications Matthew Hooper has been appointed as NENT Group EVP, Head of Corporate Affairs, and CEO of NENT Group UK.

Jørgen Madsen Lindemann, MTG President and CEO: “I am delighted that Lars is joining our team. As we proceed with the split of the company, our priority is to develop and expand MTG’s portfolio of hyper growth global companies in esports, online gaming and digital video content. Lars’ in-depth knowledge of both finance and communications, combined with his passion for business development, makes him a perfect match for us as we accelerate our development.”

Torstensson joins MTG on 19 June. For the intervening period, David Boyd is appointed interim Head of Investor Relations at MTG from 28 January 2019. Boyd has most recently been Head of Investor Relations at Northgate Group, Millicom and Inmarsat.

Jette Nygaard-Andersen has decided to leave MTG to pursue opportunities outside the company, effective from the end of February. Nygaard-Andersen joined MTG in 2003 and has held several managerial positions within the group’s Nordic and international operations and, most recently, with MTG’s digital video content division.

Jørgen Madsen Lindemann: “I want to thank Jette for her outstanding contribution to MTG over the past 16 years. She has been instrumental in the success of a wide range of our entertainment operations and in our digital transformation. I have enjoyed working closely with Jette and wish her all the best as she pursues opportunities outside MTG.”

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NOTES TO EDITORS

MTG (Modern Times Group MTG AB (publ)) is a leading international digital entertainment group and we are shaping the future of entertainment by connecting consumers with the content that they love in as many ways as possible. Our brands span TV, radio and next generation entertainment experiences in esports, digital video content and online gaming. Born in Sweden, our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’). 

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