October 7 2020

Pareto Securities acted as Sole Manager and Bookrunner in Media and Games Invest plc’s SEK 300 million private placement and secondary listing on Nasdaq First North Premier Growth Market

Media and Games Invest plc (“MGI” or the “Company”) announced the successful closing of the bookbuilding of a SEK 300 million private placement on 29 September 2020. The offering was upsized from SEK 250 million to SEK 300 million on the back of strong demand. The subscription price of SEK 12.0 per share was set through a bookbuilding process and corresponded to a discount of approx. 10% to the 2-day volume weighted average share price.


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In connection with the private placement, MGI applied for a secondary listing of its shares on Nasdaq First North Premier Growth Market in Stockholm. First day of trading of MGI’s shares on Nasdaq First North Premier Growth Market was 6 October 2020. MGI is the first company to be listed simultaneously on the Frankfurt Stock Exchange (Scale Segment) and on Nasdaq First North Premier Growth Market in Stockholm.

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 synergetic media unit. MGI follows a "Buy, Integrate, Build and Improve" strategy through organic growth and acquisitions. MGI has successfully acquired over 30 companies and assets over the past six years.

The gross proceeds from the offering will be used to further finance new acquisitions of franchises, game publishers and development studios or other assets which complement the operations, and to enable a further increase of investments in the organic development of the Company.

Pareto Securities acted as Sole Manager and Bookrunner in connection with the private placement and secondary listing.

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