Koch Media Holding GmbH divests part of holding in THQ Nordic AB (publ)

Klemens Kundratitz has notified THQ Nordic AB (publ) that Koch Media Holding GmbH has sold 611,989 shares in THQ Nordic AB (publ) in a block trade to a group of institutional investors. Koch Media Holding GmbH was previously the parent company of the Koch Media Group and is owned by Franz Koch, Founder and Klemens Kundratitz, CEO and co-Founder of the Koch Media Group.

Klemens Kundratitz will remain in his position as CEO of Koch Media Group, a fully owned subsidiary to THQ Nordic AB (publ). The shares that have now been sold are part of the payment to Franz Koch and Klemens Kundratitz for the acquisition of Koch Media Group by THQ Nordic AB (publ). After the transaction, Koch Media Holding GmbH owns 375,976 shares in THQ Nordic AB (publ).

The buyers of the shares are five institutional investors that have expressed a long-term commitment in the holding. The transaction was performed on June 3, 2019.

For additional information, please contact:
Lars Wingefors, Group CEO, Phone: +46 708 471 978, E-mail: lwingefors@thqnordic.com 

Koch Media statement

Embracer Group är moderbolag till företag som utvecklar och förlägger PC- och konsolspel för den globala spelmarknaden. Bolaget har en bred spelportfölj med över 130 ägda varumärken, som till exempel Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest och många fler.

Koncernen har huvudkontor i Karlstad och global närvaro genom de tre operativa koncernerna: Koch Media GmbH/Deep Silver, THQ Nordic GmbH och Coffee Stain AB. Koncernen har 18 interna studios och fler än 2800 medarbetare och kontrakterade utvecklare i fler än 40 länder.