Carnegie advises Embracer Group in SEK 1.6 billion directed new share issue

Embracer Group AB (publ) today announced that the company has completed a directed new share issue of 18.5 million shares. The subscription price was SEK 89 per share, thus raising proceeds of approximately SEK 1,647 million, before transaction related expenses. The subscription price in the issue has been determined through an accelerated bookbuilding procedure.

The Directed new share issue which will further improve the Group’s financial position and enable it to continue its long track-record of successful acquisitions by complementing its operations by adding new game publishers, development studios or other assets.

Embracer Group in brief

Embracer Group is the parent company of businesses developing and publishing PC and console games for the global games market.

The Group has an extensive catalogue of over 160 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest and World War Z, amongst many others. With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its five operative groups: THQ Nordic GmbH, Koch Media GmbH/Deep Silver, Coffee Stain AB, Amplifier Game Invest and Saber Interactive. The Group has 31 internal game development studios and is engaging more than 3,500 employees and contracted employers in more than 40 countries.

Carnegie acted as sole global co-ordinator and joint bookrunner in connection with the transaction.