Press releases

Non Regulatory

Stillfront completes repurchase of own shares

Stillfront Group AB (publ) (”Stillfront”) has successfully completed the share repurchase program that was announced on 23 October 2024. Stillfront acquired 5,454,698 own shares on Nasdaq Stockholm between 24 October 2024 and 18 December 2024 for an aggregated amount of approximately SEK 40 million. The acquired shares will be used for earnout payments relating to acquisitions.

Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 14 May 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with Stillfront’s own shares of certain future earn-out payments relating to acquisitions.

Regulatory

Jörgen Larsson leaves as CEO for Stillfront, Alexis Bonte appointed interim CEO

The Board of Directors of Stillfront Group AB (publ) (“Stillfront”) has initiated the recruitment process for a new CEO for Stillfront and appointed Alexis Bonte as interim CEO with immediate effect. Alexis Bonte has been with Stillfront since 2017, is a member of the executive management team, and most recently held the position of President Publishing and Business Acceleration.

Regulatory

Stillfront expects lower EBITDAC in the third quarter 2024 mainly due to higher User Acquisition Costs

Stillfront expects to report EBITDAC of 385 MSEK for the third quarter 2024, which is lower than market expectations, mainly driven by User Acquisition Costs that were 33 MSEK higher in the third quarter 2024 compared to the third quarter 2023. In addition, Stillfront expects to report a strong free cash flow during the third quarter of 2024 of 298 MSEK.

Non Regulatory

Stillfront completes repurchase of own shares

Stillfront Group AB (publ) (”Stillfront”) has successfully completed the share repurchase program that was announced on 22 July 2024. Stillfront acquired 10,245,000 own shares on Nasdaq Stockholm between 23 July and 19 September for an aggregated amount of approximately SEK 80 million. The acquired shares will be used for earnout payments relating to previous acquisitions.

Regulatory

Stillfront to divide operations into three business areas, concentrates its game portfolio and estimating 200–250 MSEK in cost savings

Stillfront’s operations will be divided into three business areas and removes one layer in the group management structure to enhance growth, profitability and transparency. At the same time, Stillfront is increasing its focus on key franchises and addressing low performing games, which is a key lever to improve organic growth while also reducing costs. These optimization activities are estimated to be fully implemented by the fourth quarter of 2025 and are expected to then generate annual cost savings of 200 to 250 MSEK compared to annualized costs in the second quarter of 2024.

Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 14 May 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with Stillfront’s own shares of certain future earn-out payments relating to previous acquisitions.

Non Regulatory

Stillfront completes repurchases of own shares

Stillfront Group AB (publ) (”Stillfront”) has successfully completed the share repurchase program that was announced on 14 May 2024. Stillfront acquired 9,826,286 own shares on Nasdaq Stockholm between 15 May and 20 June for an aggregated amount of approximately SEK 122 million.

Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 14 May 2024, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with the company’s own shares of certain earn-out payments relating to previous acquisitions.

Non Regulatory

Stillfront completes repurchases of own shares

Stillfront Group AB (publ) (”Stillfront”) has today completed the repurchases of own shares announced on 25 April 2024. In total, 5,273,840 own shares have been acquired on Nasdaq Stockholm between 25 April and 14 May 2024 for an aggregated amount of approximately SEK 60 million.

Regulatory

The Board of Directors of Stillfront has resolved to exercise its authorisation to acquire own shares

The Board of Directors of Stillfront AB (publ) (“Stillfront”) has resolved, pursuant to the authorisation granted by the Annual General Meeting held on 11 May 2023, to acquire own shares on Nasdaq Stockholm. The purpose of the repurchase is to enable payment with the company’s own shares of certain earn-out payments relating to previous acquisitions.

Regulatory

Notice of Annual General Meeting in Stillfront Group AB (publ)

The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 (the “Company” or “Stillfront”), are hereby given notice of the annual general meeting to be held on Tuesday, 14 May 2024 at 16.00 (CEST) at Mannheimer Swartling’s premises at Norrlandsgatan 21 in Stockholm, Sweden. The entrance to the meeting will open at 15.30 (CEST).

Non Regulatory

SBTi (Science Based Targets initiative) approves Stillfront’s emission reduction targets

Stillfront’s targets for reducing greenhouse gas (GHG) emissions have now been validated by the Science Based Targets initiative (SBTi) as aligned with the latest climate science and consistent with the goals of the Paris Agreement. Stillfront committed to set targets in line with SBTi’s criteria in December 2022 and submitted the new targets for validation in June 2023.