Press release • June 3, 2019 • 15:33

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

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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 

Contact

Beatrice Flink Forsgren Head of Brand & Communication +46 54 53 56 07 beatrice.forsgren@embracer.com
Oscar Erixon Head of Investor Relations +46 730 24 91 42 oscar.erixon@embracer.com

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With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its twelve operative groups: THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment, Easybrain, Asmodee, Dark Horse, Freemode and Crystal Dynamics - Eidos Montréal. The Group has 132 internal game development studios and is engaging more than 15,731 employees and contracted employees in more than 40 countries.