NAXS AB: NAXS agrees to make a SEK 8m cornerstone investment in the IPO of Scout Gaming Group

Stockholm, November 20, 2017

PRESS RELEASE - NAXS AB (publ)

Not for release, publication or distribution, directly or indirectly, in or
into the United States, Hong Kong, Canada, Japan or Australia, or any other
jurisdiction in which the distribution or release would be unlawful. 

NAXS agrees to make a SEK 8m cornerstone investment in the IPO of Scout Gaming
Group 

NAXS has agreed to make a SEK 8,000,000 cornerstone investment in the initial
public offering of Scout Gaming Group on NASDAQ First North. 

Established in 2013, Scout Gaming Group offers online gaming operators
comprehensive solutions for the launch and operation of Fantasy Sports and
Daily Fantasy Sports. The company is Europe's number one Daily Fantasy software
provider. 

The other cornerstone investors in the IPO of Scout Gaming Group are
Handelsbanken Fonder, Knutsson Holding AB, Lars Wingefors AB, Novobis AB and
Swedbank Robur Fonder. 

The first day of trading is expected to be on or around December 6, 2017.

Contact information:

Lennart Svantesson, CEO

Telephone: [phone]

This information is information that NAXS AB (publ) is obliged to make public
pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The
information was submitted for publication, through the agency of the contact
person set out above, at 8:30 CET on November 20, 2017. 

This press release and further information is available on the Company's
website: www.naxs.se 

NAXS AB (publ)
Corp. Reg. No. 556712-2972
Grev Turegatan 10
114 46 Stockholm, Sweden
Tel: [phone], E-mail: [e-mail]

NAXS is an investment company listed on NASDAQ Stockholm. NAXS primarily
invests in private equity funds with a Nordic focus, but may also make direct
investments or co-investments alongside private equity or other alternative
assets funds. In addition, NAXS may, to a limited extent, make other types of
investments

Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=653706