Digital Bros increases its investment in Starbreeze AB via Varvtre AB

21 May 2015 / / Announcements,Corporate News,Regulatory Releases

The board has been informed that Digital Bros has agreed to acquire from Varvtre AB a total of 1,167,278 Starbreeze AB common shares for USD 3.32 million. The purchase will be made in two steps (1 January 2016, 1 April 2016) at an average price of USD 2.7414 (approx. 22.85 SEK) per share.

Together with the first investment announced March 23 2015, Digital Bros ownership in Starbreeze by the final date in April 2016 will be 5 million shares, corresponding to 3.45% of the company based on the current actual number of outstanding shares.

The total investment will be USD 8.2 million and the combined average price per purchased share will be USD 1.64.

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 Starbreeze Investor Relations Contact:

Maeva Sponbergs, Investor Relations, Starbreeze AB.
Tel: +46(0)8-209 208, email: ir@starbreeze.com 

 Brief information about Starbreeze:

Starbreeze is an independent creator, publisher and distributor of high quality entertainment products, headquartered in Stockholm, Sweden. At Starbreeze we create games by our own design and through licensed content, establishing franchises that can live and prosper outside the game itself. We live and die by gameplay. 

Starbreeze is pioneering digital self-publishing, currently hosting one of the largest community groups on the digital distribution platform Steam. Starbreeze most recent products include PAYDAY 2, our adrenaline fuelled bank robbing co-op game and the critically acclaimed Brothers – A Tale of Two Sons. 

Starbreeze AB is publicly traded on Nasdaq Stockholm First North Premier under the ticker STAR and the ISIN code: SE0005992831. Remium Nordic is the company Certified Adviser. Starbreeze brands include OVERKILL Software and the PAYDAY series. 

For more information, please visit http://www.test.starbreeze.com

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