19.10.2018 08:30:06
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Stillfront Group AB: Stillfront announces that CFO Sten Wranne will leave his position during the second half of 2019
PRESS RELEASE
19 October, 2018
Stillfront Group announces today, that Sten Wranne, CFO, will leave his position during the second half of 2019
Sten Wranne has today, after eight years as CFO of Stillfront Group, announced that he will leave his position during the second half of 2019. Sten Wranne will continue in his current position as CFO until the second half of 2019 and until a successor is in place.
"Sten Wranne has been with us almost since we, back in 2010, started to build the Stillfront Group of today and his contribution to our success has been significant. During these years we have grown from approximately 10 to 450 employees of today as well as become a listed company on Nasdaq First North. Although I regret Sten is leaving, I do understand and respect his decision", says Jörgen Larsson, CEO, Stillfront Group.
"It has been a fantastic growth journey with Stillfront Group and I am proud of all the things we have accomplished. As the the company is now entering into a new phase with an upcoming list change to Nasdaq Stockholm main list, it is a natural decision for me to hand over to new stewardship during 2019", says Sten Wranne, CFO of Stillfront Group.
The process of recruiting a new CFO starts immediately.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Jörgen Larsson, CEO, Stillfront Group
Phone: +46 70 321 18 00
E-mail: jorgen@stillfront.com
Sofia Wretman, IR, Stillfront Group
Phone: +46 70 811 64 30
E-mail: sofia@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 ten 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, Goodgame Studios in Germany, and Imperia Online in Bulgaria. 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 and Unravel Two are widely acclaimed console games 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. Nida Harb III 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. Imperia Online, is a MMO strategy game published on both browser and mobile platforms by Imperia Online.
Nasdaq First North Ticker Symbol: SF
Certified Adviser: FNCA, phone +46 8 528 00 399
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 persons set out above, at 08:30 a.m. CEST on October 19, 2018.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Stillfront Group AB via Globenewswire
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