For all major advertising formats, Verve Group is facing global fast organic growth. Especially the mo-bile games vertical has shown substantial growth. Based on company data, Verve 's Open Exchange is now among the top 20 programmatic marketplaces worldwide. With the recent acquisition of the video platform "LKQD" from Nexstar in January 2021 we now also added excellent video capabilities as well as a strong supply position in the Connected TV and OTT segments. Based on the experience from our Games Unit, MGI is also integrating the media companies to build a strong single platform, where all acquired and further to be acquired media companies are integrated, resulting in streamlined process-es, consolidated expertise, critical mass as well as cost advantages. MGI's clear focus on games is also reflected in the media unit's strong customer base consisting of several strong games companies such as e.g. Zynga and King. Next to the gaming unit the media unit acts in a very attractive growth market itself.

The strong media unit is also an important pillar for our mobile games strategy, as efficient user acquisi-tion is one of the key factors for success in this highly competitive market. Therefore, further M&A in combination with signing new mobile games licenses are part of the further growth strategy.

All in all, 2020 was a very successful year for MGI in which decisive milestones for further strong growth in the coming years could be established. With the acquisition of KingsIsle Entertainment Inc. for a total of USD 126m early 2021, we have completed the largest transaction in the company's history to date and expect substantial additional revenues and returns from this acquisition of USD 32m revenues with an EBITDA of USD 21m. This transaction also represents a new "strike zone" in terms of M&A.

Also on the capital markets side 2020 was a very special year. The listing at Nasdaq First North Premier in October 2020 unleashed a lot of share price-potential due to finally being listed amongst peer games companies. Also the capital increase that was attached to the listing in Sweden enabled us to get well respected cornerstone investors on board, strongly increasing the trading volume of our shares and thereby making MGI accessible even for large-scale-investors. But we are also welcoming and benefit-ing from a large and dynamically growing base of loyal private shareholders. With the KingsIsle acquisi-tion we have further substantially strengthened our future cashflows from operations. With also Oak-tree Capital coming on board as a new cornerstone minority investor we showed also our capability to attract a buy and build investor. Also the buy-back of the gamigo bond and the placement of a EUR 80 million bond with MGI as part of a total bond-framework of up to EUR 120m give us further flexibility for additional M& A and investments in growth activities moving forward.

Altogether we have further substantially strengthened the company in 2020 and are very well prepared for further profitable growth in 2021 and beyond.

I would like to use this opportunity to thank all our players, partners, investors and employees for their trust and support in the very special year 2020. Thanks for the commitment of each one of you! I am looking forward to an exciting year ahead.

Yours,"

Remco Westermann CEO & Chairman of the Board of MGI Group

PRESENTATION

Remco Westermann, CEO of Media and Games Invest, and Paul Echt, CFO, will present the report for the fourth quarter of 2020 and for the full year 2020 on Friday, February 26 at 11.30. The presentation is in English and is available on request on the mgi.group website.

Link to follow the presentation LIVE

https://tv.streamfabriken.com/media-and-games-invest-q4-2020

Phone number you can call from Sweden +46851999383 United Kingdom +443333009274 USA +18338230587 Germany +4969222239167

The Year End Report 2020 is available on the company's website mgi.group.

Responsible parties

The information in this notice has been made available for publication by the responsible person's agency listed below on the date revealed by MGI's news distributor EQS Newswire at the time of this press release. The responsible persons listed below can be contacted for more information.

Notes - All Notes are defined as in the latest financial report (Q4 2020) of MGI Note (1) Adjusted EBITDA: Reported EBITDA excluding one-time costs. Note (2) Adjusted EBIT: Earnings before interest and taxes excluding one-time costs and PPA depreciation. Note (3) Net leverage ratio: Net Interest Bearing Debt divided by adjusted EBITDA for the past 12 months excluding Shareholder Loans. Note (4) EBITDA: Earnings before interest, taxes, depreciation and amortization.

For further information, please contact:

Remco Westermann Chairman of the Board and CEO +49 40 411 885206

Sören Barz Head of Investor Relations +49 170 376 9571 soeren.barz@mgi.group, info@mgi.group www.mgi.group

Jenny Rosberg, ROPA, IR contact Stockholm Phone: +46707472741 Mail: Jenny.rosberg@ropa.se

Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, IR contact Frankfurt Phone: +49 69 9055 05 51 Mail: mgi@edicto.de

About Media and Games Invest plc

Media and Games Invest plc (MGI), is a fast-growing and profitable company operating in the digital games sector with a strong supportive media unit and a focus on North America & EMEA. The company combines organic growth with value-accretive acquisitions, delivering strong and sustainable earnings growth. Since 2014 the MGI Group has successfully acquired well over 30 companies and assets which are integrated onto our platform, exploiting efficiency-enhancing technologies such as the cloud. The Company's shares are listed on Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The Company also has a bond listed on Nasdaq Stockholm and on the Frankfurt Stock Exchange Open Market.

The Company's certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB; info@fnca.se, +46-8-528 00 399. -----------------------------------------------------------------------------------------------------------------------

2021-02-25 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de ----------------------------------------------------------------------------------------------------------------------- 


Language:     English 
Company:      Media and Games Invest plc 
              St. Christopher Street 168 
              VLT 1467 Valletta 
              Malta 
Phone:        +356 21 22 7553 
Fax:          +356 21 22 7667 
E-mail:       info@mgi.group 
Internet:     www.mgi.group 
ISIN:         MT0000580101 
WKN:          A1JGT0 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate 
              Exchange; FNSE 
EQS News ID:  1170964 
 
End of News   DGAP News Service 
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1170964 2021-02-25

(END) Dow Jones Newswires

February 25, 2021 04:02 ET (09:02 GMT)