DGAP-Ad-hoc: gamigo AG / Key word(s): Issue of Debt
gamigo AG: gamigo AG: financial update, fixed income investor meetings and
potential tap issue
14-March-2019 / 09:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014 *March 14. 2019
*gamigo AG: financial update, fixed income investor meetings and potential
tap issue*
*Hamburg, March 14, 2019:* gamigo AG ("gamigo Bond" WKN: A2NBH2 / ISIN:
SE0011614445) has mandated Pareto Securities AB to arrange a series of fixed
income investor meetings starting on 18 March 2019. Subject to market
conditions, a tap issue of up to EUR 10 million may follow. The proceeds
from such bond issue would be used to finance continued growth of gamigo.
For the purpose of incurrence testing under the bond's terms and conditions,
gamigo announces that as of February 15, 2019, its net interest-bearing debt
position amounted to EUR 23.5 million and its EBITDA for the full year 2018
amounted to EUR 11.3 million, calculated in accordance with the bond's terms
and conditions.
*About gamigo AG:*
Since its foundation in 2000, gamigo has developed into one of the leading
publishers of free-to-play online and mobile games in Europe and North
America. In total, the gamigo Group employs more than 350 employees at its
headquarter in Hamburg and branches in Berlin, Münster, Darmstadt, Cologne
(Germany), Warsaw (Poland), Istanbul (Turkey), Chicago, Redwood City, Austin
(USA), Toronto (Canada) and Seoul (Korea). The company's core portfolio
includes successful gaming titles such as Rift, Trove, ArcheAge, Defiance,
Aura Kingdom, Desert Operations, Dragon's Prophet, Echo of Soul, Fiesta
Online, Goal One, Last Chaos, Shaiya and Twin Saga. gamigo grows via organic
growth as well as through acquisitions and has made over 20 acquisitions
since 2013, including games, media and technology companies as well as
individual game assets.
*Disclaimer:*
This release may contain forward-looking statements based on current
assumptions and forecasts made by the management of gamigo AG or its
affiliated companies. Various known and unknown risks, uncertainties and
other factors could lead to material differences between the actual future
results, financial situation, development or performance of gamigo AG and
its affiliated companies and the estimates given here. Neither gamigo AG nor
its affiliated companies assume any liability to update these forward-
looking statements or to adapt them to future events or developments.
*For further information please contact:*
?Remco Westermann, CEO
Gamigo AG
Investor Relations
ir@gamigo.com
*Issuer:*
gamigo AG
Behringstraße 16 B
22765 Hamburg
Germany
Email: info@gamigo.com
Web-Page: www.gamigo.ag
14-March-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: gamigo AG
Behringstr. 16b
22765 Hamburg
Germany
Phone: +49 (0)40-411 885-0
Fax: +49 (0)40-411 885-255
E-mail: ir@gamigo.com
Internet: www.gamigo.ag
ISIN: SE0011614445
WKN: A2NBH2
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt; Stockholm
End of Announcement DGAP News Service
787477 14-March-2019 CET/CEST
(END) Dow Jones Newswires
March 14, 2019 04:51 ET (08:51 GMT)
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