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Starbreeze AB (STZEb.ST)

STZEb.ST on Stockholm Stock Exchange

8.50SEK
14 Dec 2017
Change (% chg)

0.05kr (+0.59%)
Prev Close
8.45kr
Open
8.50kr
Day's High
8.60kr
Day's Low
8.15kr
Volume
1,241,883
Avg. Vol
2,072,330
52-wk High
20.90kr
52-wk Low
7.45kr

Latest Key Developments (Source: Significant Developments)

Första AP-fonden acquires shares from Starbreeze Chairman Michael Hjorth
Friday, 7 Oct 2016 

Starbreeze AB : Första AP-fonden acquires shares from Starbreeze Chairman Michael Hjorth . Första AP-Fonden bought an additional 1,850,000 B shares in Starbreeze from Michael Hjorth, Chairman of Board .Together with shares purchased earlier in September as well as additional purchases made in relation to the directed share issue, Första AP-fonden will hold 25,513,889 shares representing 9.3 % of the capital and 3.2 % of the votes in Starbreeze.  Full Article

Starbreeze successfully completes directed share issue of SEK 385 mln
Friday, 7 Oct 2016 

Starbreeze AB : Successfully completed a directed share issue of 16,452,991 new B-shares, at a subscription price of 23.40 crowns .Share issue raised 385 million Swedish crowns ($45 million)to Starbreeze which will be utilized to further expand its business.  Full Article

Starbreeze and Digital Bros sign $4 mln distribution agreement
Tuesday, 27 Sep 2016 

Starbreeze AB : Starbreeze and Digital Bros sign $4 million exclusive world-wide console retail distribution agreement for "RAID: World War II", to be released on PlayStation 4 and Xbox One Summer 2017 . Agreement includes payment of a minimum guarantee amount of royalties of $4 million . Starbreeze retains digital distribution rights for PC and Console .Game will be released on PC, PlayStation 4, Xbox One in summer of 2017.  Full Article

Majority owner Varvtre increases ownership in Starbreeze
Wednesday, 31 Aug 2016 

Starbreeze AB :Said on Tuesday majority owner Varvtre AB acquired on Aug. 26 in off-market transaction total of 2 million Starbreeze common B-shares from DigitalBros.  Full Article

Starbreeze modifies convertible bond terms
Wednesday, 17 Aug 2016 

Starbreeze AB : Modifies convertible bond terms to increase financial transparency . Has agreed changes with Smilegate Holdings Inc as holder of 215 million Swedish crowns convertible bond issued in February 2016 . Parties have agreed to substitute certain bond terms with issuance of separate warrants for subscription . Changes will impact Starbreeze's accounting from Q2 2016 as full value of converted bond under new agreement won't have to be re-assessed to market value each quarter .Board intends to seek renewed 10 pct issuance authority from extra general meeting to be called.  Full Article

Starbreeze buys French VR and toys to life tech company
Friday, 1 Jul 2016 

Starbreeze AB : Announced on Thursday acquisition of ePawn, French virtual reality (VR), augmented reality and toys-to-life technology company . Buys ePawn for 4 million euros ($4.44 million) in Starbreeze shares and 1.5 million euros in cash . Says resolved to issue 1.9 million B-shares based on market share price determined at 19.90 crowns and exchange rate of 9.461 . Says issue represents 0.7 pct of capital and 0.2 pct of votes on fully diluted basis . Additional earn-out consideration will be paid to selling shareholders based on performance of business in coming years .Deal is not expected to significantly impact Starbreeze financial performance in near-term but is expected to unlock synergies related to several of Starbreeze ongoing and future projects and thereby generate incremental revenues long-term.  Full Article

Starbreeze buys rights to Cinemaware's video game catalog
Wednesday, 1 Jun 2016 

Starbreeze AB : Said on Tuesday it acquired rights to Cinemaware's classic video game catalog, including It Came From The Dessert, Defender Of The Crown and Wings .Deal is for a total consideration of 525,000 euros ($583,800) in cash.  Full Article

Starbreeze buys rights to Cinemaware's video game catalog
Tuesday, 31 May 2016 

Starbreeze AB : Said on Tuesday it acquired rights to Cinemaware's classic video game catalog, including It Came From The Dessert, Defender Of The Crown and Wings .Deal is for a total consideration of 525,000 euros ($583,800) in cash.  Full Article

Starbreeze buys rights to PAYDAY-franchise with 14 million users base
Tuesday, 31 May 2016 

Starbreeze AB : Announced on Monday agreement with 505 Games to acquire the full rights to the PAYDAY-franchise with an installed base of 14 million users . Consideration for acquisition amounts to 10.9 million B-shares in Starbreeze, equivalent to $30 million (about 249 million Swedish crowns) . After transaction Starbreeze will own full rights to PAYDAY-franchise for any future developments or commercialization, including PAYDAY 2 and PAYDAY for mobile platforms . 505 Games will retain 33 pct revenue share of Starbreeze's net revenues from future sales of PAYDAY 3 capped at $40 million, and after Starbreeze has fully recouped its development and marketing costs .Says 10.9 million new B shares will, post transaction, represent 4.3 pct of shares and 1.4 pct of votes and will be issued under authority from AGM.  Full Article

Starbreeze enters joint venture with IMAX
Friday, 20 May 2016 

Starbreeze AB :Has entered into joint venture with IMAX.  Full Article

BRIEF-Starbreeze Q3 EBITDA swings to loss of SEK ‍21.9​ mln

* Q3 NET SALES SEK ‍77.7​ MILLION VERSUS SEK 102.7 MILLION YEAR AGO