Carnegie advises THQ Nordic in SEK 2.1 billion directed new share issue

THQ Nordic AB (publ) today announced that the company has completed a directed new share issue of 11,000,000 shares. The subscription price was SEK 190 per share, thus raising proceeds of approximately SEK 2,090 million, before transaction related expenses. The subscription price in the issue has been determined through an accelerated bookbuilding procedure.

The company intends to use the proceeds from the directed new share issue to finance new acquisitions of franchises, game development studios or other assets which complement the operations, and to enable a higher rate of investment in the development of the company.

About THQ Nordic

THQ Nordic acquires, develops and publishes PC and console games for the global games market. The company has an extensive catalogue of over 100 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro (exclusive license), Titan Quest, MX vs ATV, Kingdoms of Amalur, Time Splitters, Delta Force, Alone in the Dark, Wreckfest amongst others. THQ Nordic has a global presence, with its group head office located in Karlstad, Sweden and with three divisions; Deep Silver/Koch Media, THQ Nordic and Coffee Stain. The group has fifteen internal game development studios based in Germany, Finland, UK, USA and Sweden and engages about 2,000 people.

Carnegie acted as Sole Global Co-ordinator and Joint Bookrunner.