STOCKHOLM (December 10, 2018) – As part of the reconstruction process for Starbreeze AB (publ) and related subsidiaries, the administrator Lars Söderqvist has sent the company’s creditors a circular letter in accordance with Chapter 2. Section 13 (1996: 764) on Corporate Reconstruction.
This letter does include attachments with non-reconciled, non-reviewed balance sheets for the respective reconstruction companies, as well as a preliminary overview of assets and liabilities in the same companies. These are presented as part of the regulated process of reconstruction.
The letter with its attachments is also published on the company’s website: https://www.starbreeze.com/investor-relations/reconstruction/
Starbreeze announced via a press release on December 3, 2018 that the company, including certain subsidiaries, entered into reconstruction.
For further information, please contact:
Maeva Sponbergs, EVP of Communication, tel: +46(0)8-209 208, email: [email protected]
This information is such thatStarbreeze AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 22:30 CET on December 10, 2018.
Starbreeze is a global game company whose vision is to be a leading provider in the entertainment industry by creating world-class experiences. Starbreeze was founded in 1998 and has since evolved into a well-established developer and publisher of PC and console games and VR products aimed at the global market. With studios in Stockholm, Paris, Los Angeles, San Francisco, Barcelona, Brussels, Bangalore and Dehradun. Starbreeze develops high-quality entertainment products based on proprietary and third-party rights, both in-house and in partnership with external game developers. Operations are organized in three business areas: Starbreeze Games for own game development, Publishing, and VR Tech for technology development including the StarVR venture. Starbreeze shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share). For more information, please visit starbreeze.com