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Rovio Entertainment Corporation Inside Information EET March 22, 2023 at 9:55 am
Internal information: Le Vio Acknowledging the continuation of the strategic review as a preliminary non-binding discussion game console end
Rovio Entertainment Corporation (“Le Vio“) announced on February 6, 2023 that its Board of Directors had decided to initiate a strategic review and that, as part of such review, Rovio had decided to enter into partnerships with companies including Playtika Holding Corp (“game console”). The Board of Rovio confirms that preliminary discussions with Playtika regarding the Rovio Strategic Review have now concluded. The Board of Rovio continues to conduct the Strategic Review, including preliminary non-binding discussions with certain other parties, to obtain the best good result.
There can be no assurance that the strategic review and preliminary non-binding discussions will result in any cash or other tender offer or any other transaction, or the pricing of any such possible transaction. Rovio will issue further information in due course.
Rovio Entertainment
Board of Directors
For more information, please contact:
Alexandre Pelletier-Normand, CEO
RovioIR@rovio.com
+358 40 730 3442
distribute:
Nasdaq Helsinki Ltd.
major news media
About Rovio:
Rovio Entertainment Corporation is a mobile-first global gaming company that creates, develops and publishes mobile games that have been downloaded more than 5 billion times. Rovio is best known for the global Angry Birds brand, which started as a popular mobile game in 2009 and has since grown from games to a variety of entertainment, animation and consumer products licensed by the brand. Rovio produced The Angry Birds Movie (2016), whose sequel, The Angry Birds Movie 2, was released in 2019. The company offers a wide range of mobile games and has eight game studios – one in Espoo (Finland), one in Stockholm (Sweden), one in Copenhagen (Denmark), one in Barcelona (Spain) and two in Montreal , one in Toronto (Canada). The studios also include an Izmir (Turkey)-based subsidiary called Ruby Games, which was acquired in 2021. Most employees are based in Finland, where Rovio is headquartered. The company’s shares are listed on the main board of the NASDAQ Helsinki Stock Exchange under the trading symbol ROVIO. (www.rovio.com)
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