News

The latest news about Stillfront Group and our Studios

STILLFRONT FINALIZES ACQUISITION OF BYTRO LABS

2016-05-09

Hamburg, Germany. May 9th, 2016 Stillfront finalizes acquisition of Bytro Labs Stillfront Group AB (publ) ("Stillfront") finalizes its acquisition of Bytro Labs GmbH ("Bytro"). Stillfront acquired 51% of the shares in Bytro in 2013. In accordance with the acquisition agreement entered in 2013, Stillfront now completes the acquisition of the remaining 49% of the shares. The purchase price, based on Bytros sales and earnings in 2015, consists of a combination of a cash payment and shares in Stillfront. The board of Stillfront will convene an extraordinary meeting shortly, at which the meeting is to resolve on the issue of 560,724 new shares as the share component of the purchase price. The acquisition is effective as of January 1, 2016. Stillfront consolidates 100% of Bytro's results starting January 1, 2016. The acquisition of the remaining 49% of the shares in Bytro will strengthen the pre tax profit attributable to the parent's shareholders. This would in 2015 pro forma be strengthened by 2,787 KSEK. Jörgen Larsson, CEO, comments "We are very pleased with the development in Bytro both in terms of revenues and earnings, but also when it comes to development plans of the business. I congratulate the entire team at Bytro for the fantastic development it has shown since Stillfront acquired Bytro in 2013. Bytro accounts for the largest share of revenue in Stillfront and is an important piece of Stillfront's future. Bytro is an example of a very successful acquisition in line with Stillfront's acquisition strategy." says Jörgen Larsson, CEO. For additional information, please contact: Jörgen Larsson, CEO at StillfrontPhone: +46 70 321 18 00E-mail: jorgen@stillfront.com Sten Wranne, CFO at StillfrontPhone: +46 70 585 12 58E-mail: sten@stillfront.com About Stillfront Stillfront is an independent creator, publisher and distributor of digital games - with a vision to become one of Europe's leading indie game creators and publishers. Stillfront operates through four near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, and Dorado Online Games in Malta. Stillfront's games are distributed globally. The main markets are Sweden, Germany, the United States and South America. For further information, please visit www.stillfront.com. 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. Gladiators Online is an action management strategy game, launched on Steam in Q4 2015. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 4094 2120

2015 Annual Report Published/Årsredovisning 2015

2016-04-19

Stillfront Group AB (publ) today published its 2015 Annual Report. It is available in English and Swedish on Stillfront's web site: 2015 Annual Report Årsredovisning 2015

Annual General Meeting May 18, 2016/Årsstämma 18 maj 2016

2016-04-18

The annual general meeting will be held May 18, 2016 at 11.00 in the offices of law firm DLA Piper, Kungsgatan 9 in Stockholm. The full notice is published in the Corporate Governance section of the Stillfront Group website: http://www.stillfront.com/site/investor-relations/corp-governance/  For those shareholders who would like to issue a power of attorney, a form is provided in the Corporate Governance section of the website.   Årsstämma kommer att avhållas den 18 maj 2016 kl 11.00 hos DLA Piper, Kungsgatan 9 i Stockholm. Kallelsen finns på Stillfronts webbplats under rubriken Corporate Governance: http://www.stillfront.com/site/investor-relations/corp-governance/. Där finns även ett formulär för de aktieägare som önskar lämna en fullmakt.  

Stillfront reaches settlement with ScandCap

2016-04-11

PRESS RELEASE April 11, 2016 Stillfront reaches settlement with ScandCap Stillfront Group AB ("Stillfront") has entered into a settlement agreement with Scandcap AB ("ScandCap"). Stillfront and ScandCap entered into an agreement in 2012 concerning financial advisory in connection with Stillfront's acquisition of Power Challenge Holding Limited, whereas up to 22,857 warrants with the right to subscribe for shares in Stillfront would be issued. The agreement is described in detail in the Company Description, available on www.stillfront.com. Furthermore, Stillfront and ScandCap entered into an agreement in 2014 regarding financial advisory related to acquisitions. This agreement is described in the Company Description. Under the agreement, ScanCap was entitled to a fee at the completion of Stillfront's acquisition of Bytro Labs GmbH. Stillfront and ScandCap have now reached a settlement regarding the two above agreements. The settlement means that a potential dilution of 22 857 shares is avoided. The settlement does not impact Stillfront's net result. For additional information, please contact: Jörgen Larsson, CEO at Stillfront Phone: +46 70 321 18 00 E-mail: jorgen@stillfront.com   Sten Wranne, CFO at Stillfront Phone: +46 70 585 12 58 E-mail: sten@stillfront.com   About Stillfront Stillfront is an independent creator, publisher and distributor of digital games - with a vision to become one of Europe's leading indie game creators and publishers. Stillfront operates through four near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, and Dorado Online Games in Malta. Stillfront's games are distributed globally, however main markets include Sweden, Germany, the United States and South America. For further information, please visit www.stillfront.com. 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. Gladiators Online is an action management strategy game, launched on Steam in Q4 2015.   Nasdaq First North Ticker Symbol: SF Certified Adviser: Avanza Bank, phone +46 8 402 50 00

STILLFRONT GROUP PUBLISHED YEAR END REPORT 2015

2016-02-25

Linköping, Sweden. Feb 25th, 2016 Stillfront Group published year end report January to December 2015 today! A very strong year"2015 has been a very strong year for Stillfront. Sales increased by 96% and underlying EBITDA increased more than fivefold. The strong growth is explained mainly by a tremendous growth in the game Call of War from Bytro, but also by good profitability in Coldwood. The consistent work to implement our PLEX strategy has given the continued satisfactory results. The positive development of our business with a very successful new share issue and listing in the fourth quarter gives us a very solid platform for continued strong growth in 2016", says Jörgen Larsson, CEO. Read more at our Media, press releases page. You can also subscribe to our press releases. Here is a directly link to the financial report: Stillfront Year-End Report & Q4 2015 Stillfront Bokslutskommuniké & Q4 2015 About Stillfront Group Stillfront Group is an independent games developer and games publisher with a portfolio of high quality games that build long player relationships. The Group includes Bytro Labs, Coldwood, Dorado Games and PowerChallenge and the games Call of War, Supremacy 1914, Unravel, ManagerZone and Gladiator Online. The Group was formed in 2012 with a head office in Sweden and has operations in Sweden, Germany, Great Britain and Malta. Stillfront Group aims to become one of the leading game developers and publishers in Europe. For more information, please contact: Jörgen Larsson CEO of Stillfront Group jorgen@stillfront.com

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