Media and Games Invest announces successful launch of Trove in South Korea

Media and Games Invest announces successful launch of Trove in South Korea

Media and Games Invest announces successful launch of Trove in South Korea

March 08, 2021 - Media and Games Invest ("MGI" or the “Company”, ISIN: MT0000580101; Ticker: M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange) is pleased to announce the successful launch of Trove in South Korea in cooperation with their publishing partner Aprogen Games.

Trove, one of the top games of MGI’s games unit gamigo, has successfully completed the Closed Beta Phase and has now been launched on the public servers in Korea. The popular voxel MMO game is published in Korea by our partner Aprogen Games, through a sublicense. 

“Trove is a good example to show the potential for further growth opportunities through internationalization into new markets and platform extensions. By sublicensing the game to our local partner Aprogen Games, we expect to increase the audience of the game significantly.”, says Jens Knauber, COO of MGI.

Responsible parties

The information in this notice has been made available for publication by the responsible person's agency listed below on the date revealed by MGI's news distributor EQS Newswire at the time of this press release. The responsible persons listed below can be contacted for more information.

For further information, please contact:

Remco Westermann
Chairman of the Board and CEO
+49 40 411 885206

Sören Barz
Head of Investor Relations
+49 170 376 9571
soeren.barz@mgi.group, info@mgi.group
www.mgi.group

Jenny Rosberg, ROPA, IR contact Stockholm
Phone: +46707472741
Mail: Jenny.rosberg@ropa.se

Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, IR contact Frankfurt
Phone: +49 69 9055 05 51
Mail: mgi@edicto.de

 

About Media and Games Invest plc

Media and Games Invest plc (MGI), is a fast-growing and profitable company operating in the digital games sector with a strong supportive media unit and a focus on North America & EMEA. The company combines organic growth with value-accretive acquisitions, delivering strong and sustainable earnings growth. Since 2014 the MGI Group has successfully acquired well over 30 companies and assets which are integrated onto our platform, exploiting efficiency-enhancing technologies such as the cloud. The Company's shares are listed on Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The Company also has a bond listed on Nasdaq Stockholm and on the Frankfurt Stock Exchange Open Market.

The Company's certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB;  info@fnca.se, +46-8-528 00 399.

About Media and Games Invest

Media and Games Invest plc is a digital integrated games and media company with main operational presence in Europe and North America. The company combines organic growth with value-generating synergetic acquisitions, demonstrating continuous strong, profitable growth with a revenue CAGR of 45% over the last 6 years. Next to strong organic growth, the MGI Group has successfully acquired more than 30 companies and assets in the past 6 years. The acquired assets and companies are integrated and amongst others cloud technology is actively used to achieve efficiency gains and competitive advantages. The Company's shares are listed on Nasdaq First North Premier Growth Market in Stockholm and in the Scale segment of the Frankfurt Stock Exchange. The Company has a secured bond that is listed on Nasdaq Stockholm and on the Frankfurt Stock Exchange Open Market as well as an unsecured bond listed on the Frankfurt Stock Exchange Open Market.

 

The Company's certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB;  info@fnca.se, +46-8-528 00 399.

Media and Games Invest
St. Christopher Street 168
Valetta VLT 1467
Malta