Studios

Stillfront Group consist of nine highly diverse game studios all across Europe, US, MENA, publishing on a multitude of platforms.

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Games

Over the last 10+ years our studios have released more than 30 games, take a moment to browse our portfolio.

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History

Stillfront Group has a rich game development history with headquarters in Stockholm, Sweden. We’re one of northern Europe’s largest cross platform game creators with a lot of experience under our belt.

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About Stillfront

Stillfront is a group of independent creators, publishers, and distributors of digital games – with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront’s games are distributed globally. The main markets are France, UK, Germany, the United States and MENA. 

Selected Games

Stillfront’s portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and Gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War is a successful mobile strategy game developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. Goodgame Empire is an MMO strategy browser game and is developed and operated by Goodgame Studios, achieving over 800 MUSD to-date.

Latest News

Stillfront Group AB: Stillfront announces consent solicitation

2018-05-22

May 22, 2018 Stillfront summons bondholders' meeting to adjust bond terms to reflect current operational status Stillfront Group AB (publ) ("Stillfront" or the "Company") today announces that it is soliciting consent (the "Consent Solicitation") from holders (the "Holders") of its outstanding SEK 500,000,000 Senior Secured 2017/2020 Bonds with ISIN SE0009973050 (the "Bonds") to make certain amendments to the terms and conditions of the Bonds (the "Terms and Conditions"). To adapt the Terms and Conditions of the Bonds to the Company's current operational status, Stillfront proposes to make amendments affecting its ability to incur further debt. The purpose of the proposed amendments is to provide the Company with increased flexibility to optimally manage working capital swings whilst maintaining flexibility to make small- and medium-sized acquisitions. At the same time, in order to provide the Holders with a balanced proposal, Stillfront is proposing certain concessions in line with the Company's communicated financial targets, and is offering to pay all Holders a consent fee of 0.075% of the outstanding nominal amount of the Bonds conditional upon the proposed amendments being approved. The Consent Solicitation will be made subject to the terms set out in the notice of written resolution issued by the company on May 22, 2018 (the "Notice of Written Resolution") and the full details of the proposed amendments are contained therein. The Consent Solicitation is held through a written procedure (the "Written Procedure") and responses in the Written Procedure must be received by 12.00 CET on June 8, 2018 in order to be taken into consideration. Holders eligible to cast votes in the Written Procedure are such Holders which are registered in Euroclear Sweden's debt ledger for the Bonds on the voting record date May 28, 2018. The Notice of the Written Procedure, including complete proposals for resolutions and voting instructions, will be made available on the Company's website (www.stillfront.com) and has also today been sent by the agent to directly registered owners and registered authorized nominees (Sw. förvaltare) of the Bonds as of May 18, 2018 in the debt ledger produced by Euroclear Sweden. Any individual or company whose Bonds are held by a nominee must contact such nominee to participate in the Written Procedure. In order for the Consent Solicitation to be passed through the Written Procedure a quorum of at least twenty (20) percent of the adjusted nominal amount must be reached and responses representing a majority of at least sixty-six and two thirds (66 2/3) percent of the adjusted nominal amount must approve the Consent Solicitation. Following confidential discussions with the Company, institutional Holders comprising over seventy (70) percent of the adjusted nominal amount of the Bonds have already provided Stillfront with irrevocable undertakings to vote in favour of the Consent Solicitation. The outcome of the Written Procedure is expected to be announced on or before June 8, 2018. Bondholders are advised to carefully read the Notice of Written Procedure in full for further details of, and information relating to, the details of the proposed amendments and the procedures for participating in the Written Procedure. This press release is for information purposes only and is not an offer to sell or a solicitation of an offer to buy any security. Bondholders should seek their own independent financial and legal advice, including in respect of any tax consequences, in relation to their participation in the Written Procedure. Stillfront has appointed Carnegie Investment Bank as financial adviser and White & Case as legal adviser in conjunction with the Consent Solicitation. For questions relating to the Consent Solicitation, please contact: Carnegie Investment Bank: daniel.gabriel@carnegie.se, +46 8 5886 87 67; or Intertrust (Sweden) AB (as agent):  trustee@intertrustgroup.com, +46-70-860 61 25. For further information, please contact: Sten Wranne, CFO Phone: +46 705 851 258 sten@stillfront.com About Stillfront Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. Games Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed console game developed by Coldwood in collaboration with Electronic Arts. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 409 421 20 This information is information that Stillfront Group AB (publ) 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 08.30 CET on May 22, 2018.

Stillfront will Participate at Redeye Gaming Day

2018-05-18

May 18, 2018 Stillfront will Participate at Redeye Gaming Day We will participate at Redeye Gaming Day on the 30th of May, at Teaterskeppet Skeppsbrokajen 104, Stockholm. CEO Jörgen Larsson will be presenting for investors. Growth Day is organized by Redeye. The presentations are live broadcasted at https://www.redeye.se/live/gaming-day-18. FOR FURTHER INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEO Phone: +46 703 211 800 jorgen@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers, and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK, and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed console game developed by Coldwood in collaboration with Electronic Arts. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 409 421 20

Stillfront Group AB: Stillfront Publishes 2017 Annual Report

2018-05-04

May 4, 2018 Stillfront Publishes 2017 Annual Report Stillfront Group AB (publ) is today publishing its Annual Report for 2017. The report is available at Stillfronts web site www.stillfront.com/site/investor-relations/financial-reports/. FOR FURTHER INFORMATION, PLEASE CONTACT: Sten Wranne, CFO Phone: +46 705 851 258 sten@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed console game developed by Coldwood in collaboration with Electronic Arts. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 409 421 20 Stillfront Annual Report 2017

Stillfront Group AB: Notice of AGM in Stillfront Group AB (publ)

2018-04-27

April 27, 2018 Stillfront Group AB: Notice of AGM in Stillfront Group AB (publ) Notice of annual general meeting in Stillfront Group AB (publ)   The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 ("Company"), are hereby convened to the annual general meeting on Wednesday 30 May 2018 at 11.00 am. The general meeting will be held at the offices of the law firm Advokatfirma DLA Piper Sweden KB at Kungsgatan 9 in Stockholm.   The right to participate at the general meeting etc. Shareholders who wish to participate at the general meeting shall i) be registered in the share register kept by Euroclear Sweden AB on the record day which is Thursday 24 May 2018, as well as ii) notify the Company of their intention to participate at the general meeting no later than by Thursday 24 May 2018 by way of mail to Stillfront Group AB (publ), "Annual General Meeting", Västra Trädgårdsgatan 15, 111 53 Stockholm or by e-mail to ir@stillfront.com.   To be entitled to participate at the general meeting, shareholders with nominee-registered shares through a bank or other nominee must register their shares in their own name with Euroclear Sweden AB. Shareholders requesting such registration must notify their nominee well before Thursday 24 May 2018, when such registration shall have been executed.   The notification shall set out name/company name, personal ID number/registration number, number of shares held and, when applicable, number of advisors which may not exceed two.   Shareholders who are represented by proxy should submit a power of attorney concurrently with the notice of participation. The power of attorney shall be in writing, dated and signed. The original power of attorney shall be brought to the general meeting. Power of attorney forms are available on the Company's website www.stillfront.com and sent free of charge to those shareholders who so request and state their postal address or e-mail address. Representatives of legal entities shall also enclose a copy of the registration certificate or equivalent document which indicates the persons authorised to represent the legal entity.   Proposed Agenda Opening of the meeting Appointment of the chairman for the meeting Preparation and approval of the voting register Approval of the agenda Election of one or two persons to approve the minutes Examination of whether the meeting has been duly convened Presentation of annual report and the auditor's report and consolidated accounts and auditor's report for the group Resolution on adopting the profit and loss statement and the balance sheet and consolidated profit and loss statement and balance sheet allocation of the Company's profit or loss according to the adopted balance sheet and discharge from liability for the directors of the board and the managing director Resolution on the number of directors of the board to be appointed Resolution to establish the remuneration for the directors of the board and the auditor Appointment of the board of directors Appointment of chairman of the board of directors Appointment of auditor Resolution on nomination committee Resolution on authorisation for the board of directors to issue shares, convertible instruments and warrants Resolution on a directed issue of warrants intended for incentive program Resolution on a directed new share issue to the sellers of eRepublik Labs. Limited Resolution on a directed new share issue to the seller of Simutronics Corp. Resolution to adopt the remuneration policy for executive management Resolution on adoption of new articles of association Closing of the meeting   Principal proposals for resolutions   Appointment of the chairman for the meeting (item 2) The nomination committee has before the meeting consisted of Joachim Spetz (chairman), Dr Kai Wawrzinek, Ossian Ekdahl and Annette Brodin Rampe. The nomination committee's complete proposal and explanatory statement will be held available at the Company's website, www.stillfront.com.   The nomination committee proposes that attorney at law Peder Grandinson is appointed chairman of the general meeting.   Allocation of the Company's result (item 8b) The board of directors and the managing director propose that the general meeting resolves that the year's result shall be carried forward and that no dividend shall be paid.   Resolution on the number of directors of the board to be appointed (item 9) The nomination committee proposes that the board of directors shall consist of six directors without deputy directors.   Remuneration to the board of directors and the auditor (item 10) The nomination committee proposes that remuneration of SEK 425,000 shall be paid to the chairman of the board of directors and that remuneration of SEK 200,000 shall be paid to each of the other directors. For work in audit committee, remuneration of SEK 100,000 shall, in addition to the board remuneration, be paid to the chairman and SEK 50,000 to each of the members in the committee. In the remuneration committee, remuneration of SEK 60,000 shall, in addition to the board remuneration, be paid to the chairman and SEK 30,0000 to each of the members in the committee.    Remuneration to the auditors is proposed to be paid according to current approved account.   Appointment of the board of directors (item 11) The nomination committee proposes, for the period until the next annual general meeting has been held, re-election of Birgitta Henriksson and Ulrika Viklund and election of Katarina Bonde, Erik Forsberg,Fabian Ritter and Jan Samuelson as new directors of the board.    Annette Brodin Rampe, Sture Wikman, Alexander Bricca, Mark Miller and Christian Wawrzinek have declined re-election.   The proposed directors will be presented on the Company's website, www.stillfront.com.   Appointment of chairman of the board of directors (item 12) The nomination committee proposes that Jan Samuelson shall be elected as chairman of the board of directors.       Appointment of auditor (item 13) The nomination committee proposes re-election of MAZARS SET Revisionsbyrå AB. The auditing firm has declared that if the general meeting resolves in accordance with the proposal, Michael Olsson will be appointed to continue as auditor in charge. The nomination committee furthermore proposes that Bengt Ekenberg is also elected as auditor. The nomination committee's proposal corresponds to the recommendation of the board of directors (the board of directors has not appointed an audit committee).   Resolution on nomination committee (item 14) The nomination committee proposes that the general meeting resolves that the nomination committee shall be appointed in accordance with the following principles.   The chairman of the board of directors shall, based on the shareholding according to Euroclear Sweden AB as of the last business day in September 2018, contact the three largest shareholders, who shall be entitled to appoint one member each of the nomination committee. If any of the three largest shareholders declines to appoint a member of the nomination committee, the next largest shareholder shall be offered the opportunity to appoint a member of the nomination committee. The nomination committee may also decide that the chairman of the board of directors shall be a member of the nomination committee. The managing director or another member of the Company's executive management shall not be a member of the nomination committee. The chairman of the board of directors shall convene the nomination committee to its first meeting. A representative of a shareholder shall be appointed the chairman of the nomination committee. Neither the chairman of the board of directors nor another director of the board shall serve as chairman of the nomination committee. The term of the nomination committee expires when a new nomination committee has been appointed.   If a shareholder, who is represented in the nomination committee, during the term of the nomination committee ceases to be one of the three largest shareholders, a representative appointed by that shareholder shall offer to vacate his or her office and the shareholder who has become one of the three largest shareholders shall be offered the opportunity to appoint a member of the nomination committee. Minor changes do not have to be considered. A shareholder who has appointed a representative in the nomination committee is entitled to remove such representative and appoint another representative. Changes in the nomination committee's composition shall be published on the Company's website as soon as the composition has changed.   It is proposed that the nomination committee's tasks shall be to prepare and draw up proposals regarding appointment of chairman of the annual general meeting, chairman of the board of directors and other directors of the board, remuneration to the chairman of the board of directors and the other directors of the board, appointment of auditor, remuneration to the auditors and principles for the appointment of nomination committee. No remuneration shall be paid to the nomination committee. If deemed necessary, the nomination committee may engage external consultants to find candidates with relevant experience and the company shall cover the cost for such consultants. The nomination committee shall, in connection with performing its tasks, forward certain information to the Company so that the Company can comply with applicable obligations to disclose information.   The composition of the nomination committee shall be announced no later than six months before the annual general meeting. In connection therewith, information shall also be provided on how shareholders can submit proposals to the nomination committee.   Resolution to authorise the board of directors to issue shares, convertible instruments and warrants (item 15) The board of directors proposes that the general meeting resolves to authorise the board of directors to, until the next annual general meeting, with or without deviation from the shareholders' preferential rights, on one or several occasions resolve to issue shares, convertible instruments and/or warrants. The increase of the share capital, which entails issuance, conversion or subscription for new shares, may - where it entails a deviation from the shareholders' preferential rights - correspond to a dilution of a maximum of 10 percent of the share capital at the time of the first use of the authorisation. The price per share shall be determined as an average of the market price during 30 days before the resolution of the issue of shares, convertible instruments and/or warrants. Payment may be made in cash and/or with a condition to pay in kind or by way of set-off, or other conditions. The authorisation shall primarily be used for the purpose of acquisitions or financing. The conditions shall be on market terms.   A valid resolution by the general meeting requires that shareholders holding not less than two-thirds of both the votes cast and the shares represented at the general meeting vote in favour of the proposal. Resolution on a directed issue of warrants intended for incentive program (item 16) The board of directors proposes that the general meeting resolves on a directed issue of not more than 300,000 warrants, each warrant entitles to subscription of one share in the Company, entailing an increase of the share capital of not more than SEK 210,000 if all warrants are exercised. The purpose of the directed issue of warrants is to constitute an incentive for the group's current and future key employees.  It is proposed that the warrants are to be issued on the following principal terms: The right to subscribe for the warrants shall, with deviation from the shareholders' preferential rights, be granted to the Company's wholly owned subsidiary Todavia AB, reg. no. 559100-2893 ("Subsidiary"), with the right and the obligation to transfer the warrants on market terms to current and future key employees within the Company or its subsidiaries that are considered to be of particular importance for the group's development in accordance with instructions from the board of directors of the Company. The number of warrants that each person within the respective category shall have the right to acquire is stated in the board of directors' complete proposal which will be held available in accordance with below. The board of directors of the Company will make the final decisions regarding allocation of the warrants in accordance with the framework stated in the proposal. The warrants will be acquired against payment of a market value premium which has been established by the board of directors in accordance with accepted methods of calculation (Black & Scholes). The board of directors further proposes that the general meeting approve the transfer of warrants from the Subsidiary within the framework of the proposed program. Each warrant entitles to the subscription of one (1) share in the Company at a subscription price corresponding to 200 per cent of the volume weighted average price of the share from and including 15 May 2018 up to and including 29 May 2018. The subscription price may not be lower than an amount corresponding to the quota value of the shares in the Company. Subscription of shares in accordance with the terms and conditions of the warrants may take place from and including 15 May 2021 up to and including 1 June 2021. If all warrants that are proposed to be issued are exercised, the dilution will be less than 1.3 percent of shares and votes based on the Company's share capital at the time of issue of notice to the annual general meeting.   A valid resolution by the general meeting requires that shareholders holding not less than nine-tenths of both the votes cast and the shares represented at the general meeting vote in favour of the proposal. Resolution on a directed new share issue to the sellers of eRepublik Labs. Limited (item 17) In 2017, the Company acquired all of the outstanding shares in eRepublik Labs. Limited ("eRepublik"). Pursuant to the share purchase agreement, the sellers of eRepublik are entitled to an earn-out consideration, provided that certain targets are met. The earn-out consideration shall partly be paid in shares in the Company. The part of this year's earn-out consideration which shall be paid in shares shall not exceed EUR 2,166,666.50.   The board of directors proposes that the general meeting resolves to carry out a directed new share issue on the following principal terms.   The Company's share capital shall increase by not more than SEK 38,500.00 through an issue of not more than 55,000 shares. The right to subscribe for the new shares shall, with deviation from the shareholders' pre-emption rights, only be offered to the sellers of eRepublik. The subscription price shall be the volume weighted average price per share in the Company on Nasdaq First North during the 30 days preceding the last day of the fiscal year 2017, i.e. SEK 179.9640 which corresponds to a maximum total subscription price of SEK 9,898,020.00. The newly-issued shares shall be shall be subscribed for on a subscription list no later than 31 August 2018. Payment for subscribed shares shall be made by way of set-off, whereby set-off of the subscription price can be made at a maximum amount corresponding to the subscribers' claims, which in total amount to EUR 2,166,666.50 in aggregate. The claims may be reduced. Over-subscription is not possible. Set-off is completed through subscription. The board of directors shall be entitled to extend the subscription period and the time for payment. The new shares shall be entitled to dividend as from the first record day for dividend after the newly issued shares have been registered with the Swedish Companies Registration Office and the shares have been registered in the share register kept by Euroclear Sweden AB. The board of directors shall be authorised to make any formal adjustments that may be required in connection with registration of the resolution with the Swedish Companies Registration Office or Euroclear Sweden AB.   The reason for the deviation from the shareholders' pre-emption rights is to fulfil the share purchase agreement which the Company has entered into with the sellers of eRepublik.   The resolution shall be valid only where supported by shareholders holding not less than nine-tenths of both the votes cast and the shares represented at the general meeting.   The Company's assessment is that the earn-out consideration will amount to in total EUR 1,478,247, of which half of the amount shall be paid in new issued shares in the Company. The final amount is, however, dependent on that the sellers accept the Company's calculation of the earn-out consideration. The board of directors of the Company will thereafter determine the number of shares to be allotted. The number of issued shares will be communicated at the day of the allotment. Based on the Company's calculation of the earn-out consideration, the number of shares which will be allotted is expected to amount to 40,821 shares. In order to give the Company's board of directors some flexibility in connection with the determination of the final earn-out consideration, an issue of a maximum amount of shares has been proposed.   Documentation according to chapter 13 sections 7 and 8 will be held available at the Company and on the Company's website, www.stillfront.com.     Resolution on a directed new share issue to the seller of Simutronic Corp. (item 18) In 2016, the Company acquired the majority of the outstanding shares in Simutronics Corp. ("Simutronics"). Pursuant to the share purchase agreement, the seller of Simutronics is entitled to an earn-out consideration, based on the financial performance of Simutronics during 2017. The earn-out consideration shall partly be paid in shares in the Company. The earn-out consideration to be paid in shares shall not exceed 852,148.80 USD.   The board of directors proposes that the general meeting resolves to carry out a directed new share issue on the following principal terms:   The Company's share capital shall increase by not more than SEK 24,500 through an issue of not more than 35,000 shares. The right to subscribe for the new shares shall, with deviation from the shareholders' pre-emption rights, only be offered to David M. Whatley Living Trust. The subscription price shall be the volume weighted average price per share in the Company on Nasdaq First North during the 30 days preceding 10 April 2018, i.e. SEK 175.8684 which corresponds to a maximum total subscription price of SEK 6,155,394.00. The newly-issued shares shall be shall be subscribed for on a subscription list no later than 31 August 2018. Payment for subscribed shares shall be made by way of set-off, whereby set-off of the subscription price can be made at a maximum amount corresponding to the subscriber's claim, which amounts to USD 852,148.80. The claim may be reduced. Over-subscription is not possible. Set-off is completed through subscription. The board of directors shall be entitled to extend the subscription period and the time for payment. The new shares shall be entitled to dividend as from the first record day for dividend after the newly issued shares have been registered with the Swedish Companies Registration Office and the shares have been registered in the share register kept by Euroclear Sweden AB. The board of directors shall be authorised to make any formal adjustments that may be required in connection with registration of the resolution with the Swedish Companies Registration Office or Euroclear Sweden AB.   The reason for the deviation from the shareholders' pre-emption rights is to fulfil the share purchase agreement which the Company has entered into with the seller of Simutronics.   The resolution shall be valid only where supported by shareholders holding not less than nine-tenths of both the votes cast and the shares represented at the general meeting.   The Company's assessment is that the earn-out consideration will amount to in total USD 1,244,183, of which USD 587,254 shall be paid in new issued shares in the Company. The final amount is, however, dependent on inter alia the exchange rate on the date of the determination of the earn-out consideration and that the seller accepts the Company's calculation of the earn-out consideration. The board of directors of the Company will thereafter determine the number of shares to be allotted. The number of issued shares will be communicated at the day of the allotment. Based on the Company's calculation of the earn-out consideration and the exchange rate on 17 April 2018, the number of shares which will be allotted is expected to amount to 28,104 shares. In order to give the Company's board of directors some flexibility in connection with the determination of the final earn-out consideration, an issue of a maximum amount of shares has been proposed.   Documentation according to chapter 13 sections 7 and 8 will be held available at the Company and on the Company's website, www.stillfront.com.   Resolution to adopt the remuneration policy for executive management (item 19) The board of directors proposes that the general meeting decides to adopt the following remuneration policy for the CEO and other persons in the Company's executive management for the period until the next annual general meeting.   The Company's executive management members which are subject to the board of directors' guidelines are currently the CEO and the CFO. The overall guidelines for remuneration to executive management shall be based on the position, the individual performance, the Company's earnings and that the remuneration shall be competitive in the country of employment. The total remuneration to executive management shall consist of fixed salary, variable salary in the form of short-term incentive based on annual performance targets (bonus), long-term incentives based on multiannual performance (long-term incentives) and pensions and other benefits. Additionally, there are conditions for termination and, where applicable, severance pay. The total remuneration shall be reviewed annually to ensure that it is marketable and competitive. The Company's size, salary and the person's experience shall be taken into consideration.   Fixed salary Fixed salary shall be the basis for the total remuneration. The fixed salary shall be related to the relevant market and reflect the extent of the responsibility that the work entails.   Variable salary ("Bonus") In addition to the fixed salary executive management shall receive bonuses for results exceeding one or more predetermined performance levels during one fiscal year. The eligibility criteria shall be related to achievements in relation to the budget and based on e.g. net revenues, EBITDA and personal performance. The remuneration from the bonus program can amount to a maximum of six (6) fixed monthly salaries per person. At maximum expense, approximately SEK 2,340,000 (excluding social security contributions) may be paid under the bonus program.   Long-term incentives There is one outstanding incentive program. In 2017, the general meeting resolved to issue a maximum of 299,189 warrants, all subscribed by the Company's subsidiary in 2017 in order to be transferred to executive management and certain other key persons in the Company. Of these warrants, 200,000 have been transferred under the incentive program. The incentive program is described in the annual report. The board of directors has proposed that the annual general meeting resolves to establish an additional incentive program based on warrants.   Pension Pension agreements shall, if possible, be premium-based and designed according to the levels and practices in the country in which the members of executive management are employed.   Other benefits Other benefits may occur in accordance with the terms of the country in which the members of executive management are employed. However, such benefits should be as small as possible and shall not constitute a greater proportion of the total remuneration.   Termination and severance pay Members of executive management shall be offered conditions in accordance with the laws and practices applicable to the country in which the employee is employed. During the period of notice, members of executive management shall be prevented from acting in competing activities. In some cases, a prohibition of continued compensation may be applied no more than six months after the termination of the notice period. At present, the longest term of notice in the Company is six months and the members of executive management are not entitled to severance pay.   Remuneration that has not expired The board of directors shall to the proposal of remuneration policy to the general meeting submit information about previously decided remuneration that has not expired. There are no decided payments that have not yet expired.   The board of directors shall have the right to waive the above policy if the board of directors considers it to be special reasons for doing so in a particular case.   Resolution on adoption of new articles of association (item 20) The board of directors proposes that the articles of association shall be amended regarding the objectives of the company. The proposed change mainly entails that item 3 of the articles of association will have the following wording:   "§ 3. Bolaget skall direkt och genom dotterbolag, eller genom intressebolag, joint ventures och andra samarbeten, bedriva utveckling, tillhandahållande och marknadsföring av (1) dator- och konsolspel och (2) online-, community- och underhållningstjänster på Internet, samt därmed förenlig verksamhet." "§ 3. The company shall, directly and through subsidiaries or through affiliated companies, joint ventures and other forms of cooperation, develop, provide and market (1) computer and video games and (2) online, community and entertainment services on the Internet and pursue activities related therewith."   The proposed articles of association will be held available in final and mark-up version as set out below.   A valid resolution by the general meeting requires that shareholders holding not less than two-thirds of both the votes cast and the shares represented at the general meeting vote in favour of the proposal.   Details of number of shares, votes and holding of own shares The total amount of shares and votes in the Company at the time of issue of this notice was 23 293 631 shares. All shares carry equal voting rights. The Company does not hold any own shares.           Documents The annual report, auditor's report and complete proposals in accordance with above will be available at the Company (address as above) and on the Company's webpage, www.stillfront.com, not less than three weeks before the general meeting. The aforementioned documents will be sent to those shareholders who so request and submit their postal address or e-mail address.   Shareholders' right to request information Shareholders are reminded of their right pursuant to chapter 7, section 32 of the Swedish Companies Act to request that the board of directors and managing director provide information at the general meeting in respect of any circumstances which may affect the assessment of a matter on the agenda or any circumstances which may affect the assessment of the Company's or a group company's financial position. The obligation to provide information also applies to the Company's relationship to other group companies. Information must be provided if it can take place without significant harm to the Company.   * * * * * *   Stockholm in April 2018 The board of directors of Stillfront Group AB (publ) FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEO, Stillfront Tel: +46 70 321 18 00 jorgen@stillfront.com Sten Wranne, CFO, Stillfront Tel: +46 70 585 12 58 sten@stillfront.com Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 4094 2120

Stillfront Group AB: Stillfront: Strong user growth YoY

2018-04-06

April 6, 2018 Stillfront: Strong user growth YoY Stillfront Group AB ("Stillfront") systematically works with improving the product portfolio to optimize performance and reward/risk. Among many things, Stillfront continuously monitors the number of active users of the online games on a monthly basis (MAU - Monthly Active User) and daily basis (DAU - Daily Active User). During the first quarter of 2018, the average number of MAUs was 4,893,000. The number of DAUs was 1,115,000 on average during the quarter. The corresponding figures for the first quarter of 2017 were 3,425,000 and 931,000 DAUs (including Goodgame Studios). During the first quarter of 2018, the number of MAUs increased by 43%, and the number of DAUs increased by 20%, compared with the first quarter of 2017. During the fourth quarter of 2017, the average number of MAUs was 5,053,000 and the average number of DAUs was 1,053,000 (including Goodgame Studios). Thus, the first quarter 2018 showed a decrease of 3% regarding the number of MAUs and an increase of 6% regarding the number of DAUs as compared with the fourth quarter of 2017. Three games were launched and featured during the fourth quarter of 2017. This brought large initial volumes of users that boosted MAU and DAU numbers during the fourth quarter of 2017. As these games moved from launch phase into the refine and grow phases during the first quarter of 2018, the most engaged users stay on as long-term active and paying users. This is shown through increased stickiness (DAU/MAU ratio). Nearly unchanged MAU and growing DAU, as compared to the fourth quarter of 2017, should be considered as strong numbers in this context. Goodgame Studios launched EMPIRE: Millennium Wars on iOS and Android during the last days of the quarter. Since the launch was so late in the quarter, it had no material impact on average DAUs or MAUs for the first quarter of 2018. In total, the above numbers pertain to the 22 largest online games as ranked by revenues, i.e. Call of War, Supremacy 1914, Conflict of Nations, ManagerZone, DragonRealms, GemStone IV, SIEGE: Titan Wars, Tank Storm, Admiral, Nida Harb 3, Age of Lords, World at War, War and Peace: Civil War, eRepublik.com, Online Fussball Manager, Goodgame Poker, Legends of Honor, Goodgame Empire, EMPIRE: Four Kingdoms, Big Farm, BIG FARM: Mobile Harvest and EMPIRE: Millennium Wars. The numbers for Goodgame Studios (acquired in January 2018) have been included historically to improve comparability. Jörgen Larsson, CEO, Stillfront Group, comments "This is the second consecutive quarter with more than one million people playing our games every day on average. During last quarter, Stillfront Group had three successful launches with War and Peace, Nida Harb 3 and BIG FARM: Mobile Harvest. These games moved into the refine and grow phases during this quarter, which is reflected in the growing stickiness (DAU/MAU ratio). I am very happy with how these titles are monetizing, and looking forward to further growth from recent and upcoming launches", Jörgen Larsson, CEO, Stillfront Group comments. FOR FURTHER INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEO Phone: +46 703 211 800 jorgen@stillfront.com Sten Wranne, CFO Phone: +46 705 851 258 sten@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed console game developed by Coldwood in collaboration with Electronic Arts. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. EMPIRE and BIG FARM are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 409 421 20

eRepublik's World at War Reaches Over 5 Million Installs

2018-03-27

March 27th, 2018   We are proud to share the news that World at War just recorded over 5million installs on Google Play. It is available both on Google Play and iOS. World at War was crafted by our award-winning studio eRepublik Labs.     About World at War Roll out the tanks, load the weapons and win WW2! This is your duty, Commander! Become a general in the greatest war the world has ever seen! TRAIN massive armies of tanks and aircraft, go to war with thousands of REAL players, form great alliances, and develop your own strategic center of operations. Join the largest WW2 strategy MMO in the world! Wage large scale wars in alliance vs. alliance activities, climb leaderboards for the position of the most powerful admiral in the world, achieve high military ranks and overcome challenges, invite your friends and chat with players from around the world.   http://www.worldatwarww2.com/

Stillfront: EMPIRE: Millennium Wars launches next week

2018-03-22

Stillfront: EMPIRE: Millennium Wars launches next week PRESS RELEASE March 22, 2018  EMPIRE: Millennium Wars launches next week on Android and iOS Goodgame Studios is proud to announce that its newest game, EMPIRE: Millennium Wars, will be launched globally next week on iOS and Android. The game is a new addition to Goodgame's portfolio under the EMPIRE brand, and will sit alongside EMPIRE and EMPIRE: Four Kingdoms. The first game under the EMPIRE brand was launched in 2011, and the EMPIRE brand has generated more than 880 million USD in user spend since. EMPIRE: Millennium Wars will provide a new and unique experience that will allow players to build their corporate empire on Mars, where they can compete with other players to dominate the mining industry of Mars and use any means necessary to crush their rivals and ultimately rule the Mars Trade Federation. This marks the second new major game release from Goodgame within the last six months. The Q1 2018 release of EMPIRE: Millennium Wars follows the highly successful launch in Q4 2017 of Goodgame's BIG FARM: Mobile Harvest. The launch will be a ladder launch, meaning a step-by-step approach. "Goodgame's EMPIRE brand is one of the most valuable brands within strategy games worldwide. Thus, expanding the brand is a logical step with lots of potentials," says Jörgen Larsson, CEO of Stillfront. "After the recent success of BIG FARM: Mobile Harvest I'm very optimistic on this upcoming launch." "The feedback so far has been extremely positive", says industry veteran Simon Andrews who is leading the studio responsible for EMPIRE: Millennium Wars. "The massive amount of pre-registrations was way beyond our expectations and makes me even more eager for seeing the game released globally."  FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEO, Stillfront +46-70-321 18 00 jorgen@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed console game developed by Coldwood in collaboration with Electronic Arts. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. Empire and Big Farm are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 4094 2120

Stillfront: Call of War launches globally on Android and iOS

2018-03-20

March 20, 2018 Call of War launches globally on Android and iOS Bytro Labs, one of the Stillfront Group studios, today launches the mobile version of the highly successful browser game Call of War globally on both in Google Play and Apple Appstore. The mobile versions, which are native apps, will allow players to play the strategy game Call of War on the go, both on Android and iOS. The product has been fine-tuned in Google Play Early Access, producing promising metrics. "After this launch, the Call of War player can access their games through a browser, Steam, Android and iOS - such 'platform extension' of a product gives both increased engagement with existing users and additional channels for new user intake. Much of the development is made on engine level, which enables other games on the same engine to launch on mobile with low additional investment", says Jörgen Larsson, CEO, Stillfront Group. FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Jörgen Larsson, CEO, Stillfront +46-70-321 18 00 jorgen@stillfront.com ABOUT STILLFRONT Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through nine near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States, Babil Games in UAE and Jordan, eRepublik in Ireland and Romania, OFM Studios in Germany and Goodgame Studios in Germany. Stillfront's games are distributed globally. The main markets are Germany, the United States, France, UK and MENA. For further information, please visit www.stillfront.com. SELECTED GAMES Stillfront's portfolio includes games across multiple platforms. Unravel is a widely acclaimed console game developed by Coldwood in collaboration with Electronic Arts. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Siege: Titan Wars(TM) is a popular mobile game developed by Simutronics. Tank Storm and Admiral are mobile strategy games with very strong player bases, which are published by Babil Games. World at War: WW2 and War and Peace: Civil War are a successful mobile strategy games developed and published by eRepublik Labs. Online Fussball Manager is a leading sports management game. Empire and Big Farm are major brands operated by Goodgame Studios. Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 4094 2120

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