Embracer Group successfully completed Direct issuance of 18.5 million new B shares raising proceeds of SEK 1,646.5 million
(WorldNews Africa)

INSIDE INFORMATION: The Board of Directors of Embracer Group AB (`Embracer Group` or the `Group`) has, following its intention of a placement as communicated in the Group`s press release yesterday, resolved to issue 18,500,000 Class B shares, based on the authorization granted by Embracer`s annual general meeting on September 17, 2019 (the `Directed new share issue`). The subscription price in the Directed new share issue is SEK 89.0 per share and has been determined through a so-called `accelerated book-building` procedure led by Carnegie Investment Bank AB (publ) and Joh. Berenberg, Gossler & Co. KG (`Berenberg` and jointly with Carnegie Investment Bank AB referred to as `Managers`)....