Nasdaq
“During the past six years we have created a one-of-a-kind home and ecosystem for great people, entrepreneurs and creators. Through our expansive and diversified portfolio of cross-disciplinary IPs and our people we bring unique experiences to users across the globe. Together, the Embracer family now takes the next step on this exciting journey, as we transition from Nasdaq First North Growth Market to Nasdaq Stockholm, the Main Market. This is an important moment and further strengthens the strong foundation we have built in recent years. My gratitude is with our tremendous people and all those who support and follow us on this journey.”, says
The Company was listed on Nasdaq First North Growth Market in
Since the financial year 2016 (January-December) up until the period
- Net sales have grown from approximately
SEK 302 million [1] to approximatelySEK 27,016 million . - Adjusted EBIT has grown from approximately
SEK 108 million1 to approximatelySEK 5,642 million . - Adjusted earnings per share after full dilution has increased from
SEK 0.231 toSEK 4.80 (accounting for share splits[2]). - Share price has increased from
SEK 3.33 toSEK 49.1 during the period22 November 2016 up to and including6 December 2022 (accounting for share splits2), showing a return of 1,373 percent during the period. - Number of engaged people has grown from 68 to 15,700.
The listing of the Company's class B shares on Nasdaq Stockholm is an important step in the Company's continued development and has been a long-standing ambition of the Company's board of directors and management. In addition to the fact that the listing on Nasdaq Stockholm provides a quality stamp for the Company, the listing is also expected to make the Company's class B shares even more attractive as a means of payment, which may facilitate future acquisition discussions. Furthermore, the listing on Nasdaq Stockholm is expected to better reflect the maturity of the Company from a capital market perspective and enable more institutional investors to invest in the Company's class B shares. The Company also welcomes the additional requirements for corporate governance, transparency and disclosure which follows with being listed on Nasdaq Stockholm.
In light of the above, the Board of Directors of
The Company’s B shares will be traded under the current ticker (EMBRAC B) and ISIN code (SE0016828511). There is no capital raising or new share issue in connection with the listing change, and shareholders in
Advisers
For more information, please contact:
Tel: + 46 730 24 91 42
Email: oscar.erixon@embracer.com
Tel: +46 704 52 57 63
E-mail: beatrice.forsgren@embracer.com
About
With its head office based in Karlstad,
Subscribe to press releases and financial information: https://embracer.com/investors/subscription/
[1] The annual report for 2016 (1 January - 31 December) has been prepared in accordance with the accounting standard K3.
[2] Share split 3:1 resolved by the annual general meeting held on
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