World of Adventures™

December 10, 2013

Magnus Uppsäll chairman of G5’s nomination committee

G5 Entertainment’s nomination committee has elected Magnus Uppsäll as its chairman.

In addition to Magnus Uppsäll, who represents Wide Development Limited, the nomination committee consists of

  • Petter Nylander (representing Proxima Limited)
  • Jeffrey Rose (representing Purple Wolf Limited)
  • Jesper Bonnivier, Länsförsäkringar
  • Annika Andersson, Robur

Shareholders wishing to submit proposals to G5 Entertainment’s nomination committee may do so by mail to
G5 Entertainment AB (publ), Riddargatan 18, 114 51 Stockholm, Sweden or by e-mail to nomination@g5e.se.
Please note that proposals must be received by the nomination committee no later than March 1, 2014.

Inquiries:
Odd Bolin, CFO, +46 70 428 3173

PDF

November 19, 2013

Correction of summation error in the interim report for January-September 2013

In the interim report recently published by the company a summation error appeared in the parent company's balance sheet. It is the parent company’s Total equity and liabilities that do not add up the amounts entered correctly. A corrected interim report is now available on the company’s website, www.g5e.com/corporate.

In the Swedish version of the report some minor editorial text corrections have also been made, which are not judged to have any bearing on the interpretation.

Inquiries:
Odd Bolin, CFO, +46 70 428 3173

PDF

November 15, 2013

Interim Report January-September 2013

July – September 2013

  • Consolidated revenue for the period is 21 910 (24 157) kSEK, down 9% compared to the same period last year.
  • Operating loss for the period is -4 873 (6 796) kSEK.
  • Loss per share for the period before and after dilution is -0.41 (0.70) SEK.

January – September 2013

  • Consolidated revenue for the period is 71 289 (60 239) kSEK, up 18% compared to the same period last year.
  • Operating result for the period is 8 456 (16 224) kSEK, down 48% compared to the same period last year.
  • Earnings per share for the period before and after dilution is 0.88 (1.66) SEK.

Important events during the third quarter

  • For the first time, the revenue from free-to-play games exceeded the revenue of unlockable games in the company’s portfolio. Also for the first time, the number of unique daily users of the company’s free-to-play games exceeded that of the unique daily users of the company’s unlockable games.
  • The Secret Society was released on Google Play and Amazon Kindle Fire.
  • The Secret Society continued growing its daily and monthly audience and achieved #16 Top Grossing Game position on iPad in the USA.
  • Virtual City Playground and The Secret Society received a number of updates bringing new content and game play features to the players.
  • As communicated earlier, the warrant program was fully subscribed by management and key employees. The strike price is 127.45 Kr, and the warrants can be exercised in 2016.
  • In accordance with the decision by the Board of G5 made in the beginning of 2013, the company applied for a listing on Nasdaq OMX Stockholm. Preparations for the listing, including implementing committees and structures in compliance with the Swedish Corporate Governance Code, are ongoing. Completing such preparations is a prerequisite for accomplishing the listing.

Important events after the end of the period

  • The total number of downloads of G5 games (not counting updates) surpassed 125 million.
  • Continued success of The Secret Society, in connection with the Halloween update. The update was received positively by players and brought the game to a higher base during November.

Inquiries
Vlad Suglobov, CEO, investor@g5e.com
Odd Bolin, CFO, +46 70 428 3173

PDF

October 03, 2013

Preliminary sales figures January-September 2013

Although G5 has not yet received Q3 2013 reports from all distribution channels, preliminary sales figures for the period January-September 2013 indicate revenue of 71.3 MSEK, which corresponds to a 18.4% revenue growth compared to the same period of 2012.

As communicated previously, the group aims to release several more new free-to-play games before the end of the year, and continue releasing regular updates to its existing free-to-play games. During 2014, the group aims to bring the number of free-to-play games in its portfolio to over 10.

The group’s interim report for the period January-September 2013 will be released on 15th November 2013.

More information about the company can be found at: www.g5e.se/corporate
For additional information please contact: investor@g5e.se

PDF

September 24, 2013

Warrant program 2013 fully subscribed

At the Annual General Meeting of G5 Entertainment AB (“G5”) held on June 19th 2013, it was decided to issue a maximum of 176 000 warrants to managers and senior executives of the G5 group in 2013. The Board of G5 then decided to allocate a total of 165 000 warrants to existing employees, keeping 11 000 warrants for potential new recruitments, etc.. These 165 000 warrants have now been fully subscribed. Board members with exception of the CEO were not entitled to subscribe.

Accordingly, G5 Entertainment AB will issue 165 000 warrants. Each warrant entitles the holder to subscribe to one share in the company at an issue price of 127,45 Kr. The period for the warrants is 3 years and 3 months, and it will be possible to exercise warrants after 3 years. Upon full exercise of the warrants, up to 165 000 shares, which represents about two percent of the total number of outstanding shares, will be issued.

More information about the company can be found at: www.g5e.se/corporate.
For additional information please contact: Odd Bolin, CFO, odd.bolin@g5e.com

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August 15, 2013

Interim Report January-June 2013

Financial and operational highlights

April – June 2013

  • Consolidated revenue for the period is 21 822 (18 694) KSEK, up 17% compared to the same period last year.
  • Operating result for the period is 4 524 (3 652) KSEK, up 24% compared to the same period last year. Earnings per share for the period are 0.37 (0.38) SEK.
  • During the period, the group had positive operating cash flow before changes in working capital of 7 120 (4 008) KSEK and negative cash flow of 5 314 (3 075) KSEK.
  • The annual general meeting of the shareholders held on June 19th in Stockholm appointed Petter Nylander as new Chairman of the Board.
  • G5’s successful free-to-play games The Secret Society and Virtual City Playground received new updates and continued their top grossing performance. The Secret Society established itself in the Top 50 Grossing Games in USA on iPad and became the group’s highest grossing game on a continuous basis.
  • In June, The Secret Society was released on Google Play and successfully started gaining the audience. The game soon became the highest grossing game in G5’s Android portfolio on a continuous basis.
  • The unlockable games released during the second quarter include hidden object adventures Special Enquiry Detail: Engaged to Kill and Where Angels Cry. The highlights of the unlockable games released after the end of the period are hidden object adventure games Twin Moon and Dreamscapes: the Sandman.
  • G5 released the first two unlockable games on the Windows 8 platform: Supermarket Mania 2 and Stand O’Food 3. Both games went into Top 10 most downloaded games in Windows 8 Store in USA.

January – June 2013 (six months)

  • Consolidated revenue for the period is 49 379 (36 082) KSEK, up 37% compared to the same period last year. This is in line with the previously communicated preliminary revenue numbers of 49 MSEK.
  • Operating result for the period is 13 329 (9 405) KSEK, up 42% compared to the same period last year. Earnings per share for the period are 1.32 (0.96) SEK. This result is slightly below previously communicated preliminary operating result of 14 MSEK.
  • During the period, the group had positive operating cash flow before changes in working capital of 14 835 (11 868) KSEK and positive cash flow of 25 680 (negative 1 967) KSEK. Cash reserves on June 30th amounted to 39 613 (15 556) KSEK.
  • The total number of downloads of G5 games on iOS and Android (not counting update downloads) surpassed 100 million in early 2013.
  • In January, the Board of Directors of G5 Entertainment decided to apply for a listing of the company's shares on NASDAQ OMX Stockholm in the second half of 2013.
  • On January 30th, G5 completed a directed share issue of 800 000 shares, corresponding to 10 percent of the number of shares outstanding in the Company before the directed share issue.

Inquiries
Vlad Suglobov, CEO, investor@g5e.se
Odd Bolin, CFO, +46 70 428 3173

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June 20, 2013

Bulletin from Annual General Meeting in G5 Entertainment AB (publ.)

The annual general meeting of G5 Entertainment AB (publ) was held at Hotel Kung Carl, Birger Jarlsgatan 21 in Stockholm, on June 19, 2013.

Mats Dahlberg was elected chairman of the meeting. During the meeting CEO Vlad Suglobov gave a presentation of the 2012 financial year and the current status of G5 Entertainment AB.

The meeting approved the parent company and consolidated financial statements. These can be found in G5 Entertainment AB’s annual report for 2012. The meeting decided unanimously to discharge the board and the CEO from liability for the financial year 2012. The meeting also decided that the profit for the year should be carried forward.

Pär Sundberg, Vlad Suglobov and Jeffrey Rose were re-elected as members of the board. Petter Nylander and Martin Bauer were elected as new members of the board. Petter Nylander was appointed chairman of the board. It was resolved that the remuneration to the board should comprise of 240 000 SEK to the chairman and SEK 150 000 each to the other members appointed by the general meeting and not employed by the company.

The meeting resolved to authorize the board for the period until the next annual general meeting, on one or more occasions, to decide to issue a maximum of 880 000 shares in order to facilitate acquisitions and raising capital.

The meeting also decided on the issue of up to 176,000 warrants. The right to subscribe for the warrants shall, with deviation from shareholders’ preferential rights, be given to managers and senior executives. The program shall include a maximum of 16 employees. Each warrant will entitle the holder to subscribe for one (1) share in the company at an issue price of 250 per cent of the volume-weighted average quoted closing price during the period from and including June 20, 2013 to July 3, 2013 on Aktietorget’s list for shares in G5. Upon full exercise of the warrants, up to 176,000 shares (subject to any recalculation), equivalent to about two percent of the total number of outstanding shares and voting rights, will be issued. If fully subscribed, the company's share capital will increase by SEK 17 600, resulting in a dilution of two percent. Board members are not entitled to subscribe for warrants with the exception of the company's CEO.

All decisions were unanimous.

More information about the company can be found at: www.g5e.se/corporate
For additional information please contact: investor@g5e.se

PDF

June 14, 2013

Registration to Annual General Meeting in G5 Entertainment AB (publ.)

In the summons to G5 Entertainments annual general meeting 2013 that was published on May 22, it was stated that registration can be done using the e-mail address agm@g5e.se. It has turned out that this e-mail address did not work properly in between June 6 and June 13. These problems have now been rectified, but in order not to overlook any registrations, the shareholders that did register using e-mail during this time period are urged to repeat their registrations.

More information about the company can be found at: www.g5e.se/corporate.
For additional information please contact: investor@g5e.se.

PDF

May 22, 2013

Notice to Attend the Annual General Meeting of G5 Entertainment AB (publ.)

N.B. The English text is an unofficial translation and in case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.

The shareholders of G5 Entertainment AB (publ.), reg. no 556680-823878, (the “Company”) are hereby summoned to attend at the annual general meeting held at 4.30 pm (CET) on Wednesday, 19 June 2013, at Hotell Kung Carl, Birger Jarlsgatan 21, Stockholm, Sweden.

The entire notice is available at the Company’s website (http://g5e.se/corporate) and at Akitetorget’s website (http://aktietorget.se)

Notification
Shareholders who wish to participate at the annual general meeting must:

  • be recorded in the share register maintained by Euroclear Sweden AB on Thursday, 13 June 2013;
  • no later than 4 pm (CET) Monday, 17 June 2013, given notice of their participation and potential assistants to G5 Entertainment AB, Box 5339, 102 47 Stockholm, by facsimile +46 8 545 075 49 or by e-mail agm@g5e.se stating full name, personal identification number or registration number, address, day-time phone number and when applicable information regarding any representative, proxy or assistant.

Shareholders whose shares are nominee-registered must, in order to have the right to attend the annual general meeting, request to be temporarily registered in the share register kept by Euroclear Sweden AB. The shareholder must instruct their nominee thereof in ample time prior to Thursday, 13 June 2013, by which date such registration must be executed.

Shareholders represented by proxy shall issue a written and dated power of attorney signed by the shareholder. A power of attorney issued by a legal entity shall have a registration certificate attached, or if such certificate do not exist, equivalent documents. A power of attorney form for shareholders who wish to participate by proxy are available on the Company’s website (http://g5e.se/corporate). The power of attorney shall be presented in original at the annual shareholders meeting.

Personal data obtained from the share register kept by Euroclear Sweden AB, the notification of participation at the annual general meeting, and information regarding representatives, proxies and assistants will be used for registration, preparation of the voting register for the annual general meeting and, when applicable, for the minutes from the annual general meeting.

Agenda

  1. Opening of the annual general meeting
  2. Preparation and approval of the voting register
  3. Election of chairman of the general meeting
  4. Presentation and approval of the agenda
  5. Election of two persons to together with the chairman to verify the minutes
  6. Determination of whether the meeting has been duly convened
  7. Presentation by the CEO
  8. Presentation of the annual report and auditor’s report, as well as consolidated financial statements and auditor's report for the group
  9. Resolution regarding:
    1. Adoption of the income statement and balance sheet, as well as the consolidated income statement and consolidated balance sheet;
    2. Treatment of the Company's profits or losses in accordance with the adopted balance sheet; and
    3. Discharge from liability for the directors and the CEO
  10. Determination of the number of directors and alternate directors, as well as the number of auditors and alternate auditors
  11. Determination of remuneration for the board of directors and auditors
  12. Election of the board of directors and potential alternate directors
  13. Election of auditors and potential alternate auditors
  14. Resolution regarding authorizing the board of directors to resolve to issue shares
  15. Resolution regarding incentive plan for the management
  16. Resolution regarding the establishment of a nominating committee and how the nominating committee shall be appointed
  17. Closure of the meeting

Accounting documents and audit reports (item 8) and the board of directors’ complete proposal under item 14 and 15 will be available at the Company’s office at Grev Turegatan 14, Stockholm from, and including, Wednesday 29 May 2013 and is mailed upon request in connection therewith to shareholders’ stating their address. The documents will also be available at the Company’s website http://g5e.se/corporate and be presented at the general meeting.

Item 3 – Election of chairman of the general meeting
Mats Dahlberg is proposed as chairman of the general meeting.

Item 9b - Resolution regarding the treatment of the Company's profits or losses in accordance with the adopted balance sheet
The board of directors proposes that retained earnings plus profit for the year is carried forward.

Item 10 - Determination of the number of directors and auditors
The board of directors is proposed, until the closure of the next annual general meeting, to comprise of five (5) directors. It is proposed that one registered auditing firm shall be appointed.

Item 11 - Determination of remuneration for the board of directors and auditors
The remuneration for the upcoming term is proposed to be SEK 240 000 for the chairman of the board of directors and SEK 150 000 to each of the other directors appointed by the annual general meeting not being employed by the Company. As previously, it is proposed that remuneration to the auditor shall be paid according to approved invoices.

Item 12 - Election of a board of directors
Jeffrey Rose (reelection), Pär Sundberg (reelection), Vladislav Suglobov (reelection, also CEO) and Petter Nylander (new election) are proposed as directors. Petter Nylander (new election) is proposed as chairman of the board of directors. Recruitment of a fifth director is in progress and a proposed director will be presented at the general meeting.

Item 13 – Election of auditors
The registered auditor firm Mazars Set Revisionsbyrå AB is proposed as auditor.

Item 14 - Resolution regarding authorizing the board of directors to resolve to issue shares
The board of directors proposes that the annual general meeting until the next annual general meeting authorizes the board of directors, with or without deviation from the shareholders’ preferential right, on one or more occasions, to resolve on issuance of a maximum of 880 000 shares, meaning an increase of the share capital of a maximum of SEK 88 000, corresponding to a dilution of about 10 per cent of the share capital and voting right. The purpose of the authorization is to enable acquisitions and fundraisings. It shall be possible to pay by kind, set-of or otherwise be subject to conditions. Deviation from the shareholders’ preferential right shall be allowed to be made in a situation where a directed issue, because of time, business or similar considerations is more beneficial for the Company. The issue price shall at all times be as close to market value as possible with the discount required to achieve full subscription. A valid resolution requires that shareholders at the meeting representing at least 2/3 of the numbers of shares and votes represented votes in favor of the proposal (Chapter 13 of the Companies Act).

Item 15 - Resolution regarding incentive plan for the management
At the extraordinary general meeting held on 31 October 2012 the Company adopted a share-based incentive plan for the period 2012-2014 with an annual allocation (the “Plan”).

The board of directors’ proposal of issuance of warrants and 2013 allocation

In accordance with the general guidelines set out for the Plan at the extraordinary general meeting on 31 October 2012, the board of directors proposes that the 2013 annual general meeting resolves to issue warrants according to the following principal terms (the “2013 Allocation”):

  • The maximum number of issued warrants shall be 176 000.
  • Management and senior executives shall, with deviation from the shareholders’ preferential rights, have the right to subscribe for the warrants. The subscription to the warrants shall be made from and including 4 July 2013 to and including 4 August 2013. Subscription shall be made on a separate subscription list.
  • The price for the warrants shall correspond with the warrants market value determined by a generally accepted valuation model (the Black-Scholes model). The measurement period for the calculation of the price with the Black-Scholes model shall be from and including 20 June 2013 to and including 3 July 2013.
  • Subscription for shares, by exercising the warrants, shall be made from and including 4 August 2016 to and including 2 November 2016.
  • Each warrant shall entitle to subscription for one (1) share in the Company at an issue price of 250 per cent of the volume weighted average quoted closing price (but not less than the quotation value of SEK 0.1) according to Aktietorget’s list of rates for the Company’s share of the period from and including 20 June 2013 to and including 3 July 2013. Days without quotation shall not be included in the calculation.
  • Upon full exercise of the warrants, up to 176 000 shares (subject to any recalculation), equivalent to about two per cent of the total number of outstanding shares and votes, will be issued. If fully subscribed, the Company’s share capital will increase with SEK 17 600, resulting in a dilution of two per cent. The calculation is based on the number of shares and votes that may be issued divided by the total number of shares and votes after such issuance.
  • The 2013 Allocation shall include a maximum of 16 persons. The number of warrants that each employee is offered to subscribe for shall vary depending on the employee’s responsibility and position. The CEO and managing director of the group shall be offered a maximum of 20 000 warrants and other management personal are divided into categories which will be offered a maximum of 15 000 warrants and at least 5 000 warrants. The board of directors shall decide on who shall be included in each category, and who shall receive warrants. Directors are not entitled to subscribe for warrants, with the exception of the Company’s CEO.
  • Issuance of warrants to employees outside Sweden is dependent on tax effects, that no legal impediment exists and that the board of directors determines that such allocation can be made at reasonable administrative and/or financial cost.
  • In order to be allotted warrants the employee has to sign a special pre-emption agreement with the Company. Pre-emption shall be made at the market value if a third party makes an offer for all shares in the Company and in case the warrants shall be transferred to a third party. Otherwise, the warrants are freely transferable.
  • The cost for the 2013 Allocation is estimated to be about SEK 100 000. The 2013 Allocation is not expected to materially impact the Company’s earnings per share.

The reason for the deviation from the shareholders’ preferential right is to increase motivation and create involvement in the Company’s development and in the opportunity and risk of the Company by management and senior executives. The proposed warrants plan has been prepared by the Company’s board of directors. The CEO did not participate in the preparation of this proposal. A valid resolution requires that shareholders at the meeting representing at least 9/10 of the numbers of shares and votes represented votes in favor of the proposal (Chapter 16 of the Companies Act).

160 000 warrants were issued within the Plan to 15 employees in 2012 (the 2012 allocation). These warrants entitle the holder to subscribe for shares from and including 15 December 2015 to and including 14 March 2016 and the terms and conditions are mainly conform with the terms and conditions for the above proposed warrants.

The board of directors or whom the board of directors authorizes shall be authorized to make such minor adjustments of the resolution that may be required in connection with the registration of the issuance at the Companies Registration Office.

Item 17 - Resolution regarding the establishment of a nominating committee and how the nominating committee shall be appointed
It is proposed that a nomination committee shall be appointed and that the following principles shall apply to the nomination committee.

It is proposed that the nominating committee shall consist of representatives of the five (5) largest shareholders as of 30 September 2013. The representative of the largest shareholder of 30 September 2013 is responsible to convene the nomination committee to their first meeting. The nominating committee shall appoint a chairman of the committee. The nominating committee shall be disclosed no later than six months before the annual general meeting.

The nomination committee’s term will run until a new committee is appointed. The Company is responsible for costs associated with the nomination committee´s work. Members of the nomination committee receive no compensation from the Company.

The nomination committee’s task shall include evaluating the composition and work of the board of directors and to the annual general meeting present a proposal for:

  • chairman of the annual general meeting
  • directors and chairman of the board of directors
  • fees for the directors not employed by the Company
  • when applicable appointment of register auditor firm and fee for the auditor, and
  • potential amendment of the principles for how members of the nomination committee shall be appointed

If a member of the nomination committee resigns before the nomination committee’s work is complete and if the nomination committee deems it as necessary, a substitute member shall be appointed by the same shareholder who appointed the resigning member.

In addition to what is stated above the Swedish Corporate Governance Code, from time to time in force, shall be applicable to the nomination committee.

Stockholm May 2013
The Board of Directors

More information about the company can be found at: www.g5e.se/corporate
For additional information please contact: investor@g5e.se

PDF

Power of attorney template

May 07, 2013

Odd Bolin appointed CFO of G5 Entertainment AB

G5 Entertainment AB (G5) has appointed Odd Bolin to be Chief Financial Officer. Odd started his assignment on May 2, succeeding Sergey Shults, who took the position as VP Finance and continues his employment with G5 in this role.

“G5 has previously announced plans to apply for listing on Nasdaq OMX Stockholm in the second half of 2013. The listing will put additional disclosure, reporting, and investor relations requirements on the company, and by adding Odd to our team in CFO capacity we aim to use his practical experience in these fields, and generally strengthen the team”, says Vlad Suglobov, CEO of G5 Entertainment AB.

Odd Bolin’s most recent assignment was at Cybercom Group, where he was Managing Director of Sweden, and before that CFO of the group. Before joining Cybercom, Odd Bolin held various positions in the field of Corporate Finance and equity research such as Head of H&Q Technology Research. Odd Bolin was also one of the founders and partners of Ceres Corporate Advisors (2003-2009), an M&A advisory firm, working with listed technology, telecom and defense companies in the Nordic region. Odd Bolin is 49 years old, holds a M.Sc. in Engineering and Applied Physics and a Ph.D. in Plasma Physics at the Royal Institute of Stockholm, Sweden.

More information about the company can be found at: www.g5e.se/corporate.
For additional information please contact: investor@g5e.se

PDF

January 30, 2013

G5 Entertainment AB has completed a directed share issue of SEK 37.6 million

G5 Entertainment AB (G5) has completed a directed share issue of 800,000 shares, corresponding to 10 percent of the number of shares outstanding in the Company before the directed share issue. The directed share issue provides the Company with approximately SEK 37.6 million before deductions for issue expenses. There was a strong interest for the transaction and the directed share issue was oversubscribed.

The Company retained Carnegie Investment Bank as placing agent in relation to the directed share issue, which was primarily directed towards institutional investors in the Nordic region. The subscription price was SEK 47 per share, corresponding to a discount of 2.3 percent to the closing price on January 29, 2013. As a result of the directed share issue, the total number of outstanding shares increases from 8,000,000 shares to 8,800,000 shares and the share capital increases from SEK 800,000 to SEK 880,000.

The proceeds from the directed share issue will allow G5 to capitalize on a positive outlook of the mobile gaming app market and continue its strong historical growth, by increasing the number of external and internal development projects and focusing more on high-quality free-to-play games.

In addition to the directed share issue, the three major shareholders of G5, Wide Development Ltd., Proxima Ltd., and Purple Wolf Ltd. (the “Major Shareholders”), have divested a small part of their holdings in order to further increase the free float of the company’s shares prior to a listing on Nasdaq OMX Stockholm. In total, the Major Shareholders divested 450,000 shares. As a result, the Major Shareholders have reduced their aggregated holdings in G5 from 23.4 percent to 18.2 percent of the total outstanding shares after the directed share issue. The Major Shareholders have a long-term commitment to the company and will remain long-term investors in G5. The Major Shareholders have entered into a lock-up agreement with Carnegie Investment Bank not to sell any further shares in the company for a period of at least 9 months.

The directed share issue was resolved by the Board of Directors of G5, pursuant to authorization granted by the 2012 Annual General Meeting. The authorization grants the Board of Directors the right to decide on a share issue of maximum 800,000 shares without preferential right to subscription of shares by existing shareholders, in order to enable continuation of strong growth and high-quality game releases going forward.

“G5 has built a scalable business model on the fast-growing market of games for smartphones and tablets. While the company can continue to grow organically, there is an opportunity to achieve higher growth if extra resources can be applied right now. In order to take advantage of the opportunities in the market, the management and the board decided to attract additional capital to be used for expansion of G5’s portfolio of high quality unlockable and free-to-play games. The management remains committed to the company in the long term and believes that existing shareholders will be compensated for extra dilution through higher growth in the next few years.” says Vlad Suglobov, CEO of G5 Entertainment AB.

Delivery of new shares will initially be handled through a share lending agreement entered into between the placing agent and the Major Shareholders.

Carnegie Investment Bank served as financial advisor and Delphi served as legal advisor in connection with the directed share issue.

More information about the company can be found at: www.g5e.se/corporate.
For additional information please contact: investor@g5e.se.

PDF

January 11, 2013

Preliminary results 2012, holiday sales up 60%, process to list on NASDAQ OMX initiated

The group has not yet received all Q4 2012 reports from all distribution channels. Based on the information available, for the period of January-December 2012, the management forecasts revenue of 80 MSEK, with operating result of 25 MSEK, and earnings per share of 2.7 Kr. This corresponds to achieving 72% revenue growth and 42% operating result growth compared to the same period of 2011. The group’s interim report for the period January-December 2012 is going to be released on 25th February 2013.

With the start of the holiday period in December 2012, the group’s daily sales grew 60% from pre-holiday average, when comparing two weeks before and after the start of holidays. The increased level of daily sales continued into January 2013.

Vlad Suglobov, CEO, comments: “Once again holiday season set another record for G5. People around the world unpacked smartphones and tablets they received as gifts and rushed into the application stores to download games. As a result, millions of new players were introduced to G5’s large portfolio of family-friendly games, and daily sales set a new record.”

2012 became the third year of G5’s fast-paced growth in smartphone and tablet games publishing business, and the group invested record amounts into the development of new games for release in 2013 and 2014. As the market of smartphones and tablets goes from strength to strength, the management aims to eventually achieve revenue of 300 MSEK with operating result of 100 MSEK, while keeping the growth at historic 2010-2012 levels.

The Board of Directors of G5 Entertainment has decided to apply for a listing of the company's shares on NASDAQ OMX Stockholm in the second half of 2013.

A listing on NASDAQ OMX Stockholm will increase opportunities for institutional investors to invest in G5 Entertainment and create better liquidity in the share. It is also a further seal of approval for the company in terms of its operations and information disclosures. In parallel to the listing process the company will review its capital structure to ensure that the right conditions are in place to capture future growth opportunities.

G5 Entertainment has appointed Carnegie Investment Bank as its financial advisor and Delphi as legal advisor in connection with the listing process.

More information about the company can be found at: www.g5e.se/corporate.
For additional information please contact: investor@g5e.se.

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