Litorina IV L.P., (“Litorina”) has sold 3,842,587 existing shares in Fractal Gaming Group AB (“Fractal” or the “Company”), corresponding to approximately 13.2 percent of the shares in the company.
Litorina has successfully sold 3,842,587 shares in the Company (the “Placing”), corresponding to approximately 13.2 percent of the total number of shares outstanding in the Company. The price in the Placing was SEK 32.0 per share. Following the Placing, Litorina owns no more shares in Fractal.
A small group of new and existing institutional investors participated in the Placing, including Herenco AB, Lancelot Asset Management, MediumInvest A/S and TIN Fonder, as well as Fractal’s incoming CEO Jonas Holst, CTO Henrik Gunnerling and current CEO and Founder Hannes Wallin.
Pareto Securities acted as Sole Manager and Bookrunner in connection with the Placing.