Mindark Group's Profit Sharing Foundation has acquired shares in MindArk

TUE, APR 25, 2023 11:31 CET

Mindark Group's Profit Sharing Foundation (Mindarkkoncernens Vinstandelsstiftelse) has acquired shares in MindArk PE AB (publ). A total of 82,883 shares were acquired at an average price of SEK 3.57 per share. The value of the transaction amounted to SEK 296 150.50. The shares were acquired on the market.

From April 19 to April 24, Mindark Group's Profit Sharing Foundation acquired 83,883 shares on the market at an average price of SEK 3.57 per share.

The foundation was created in 2008 with the aim of engaging employees and increasing their commitment. The goal of the profit sharing foundation is to create an increased participation from the employees in the company's goals and profits.

The board of the foundation consists of four members who are also employed by MindArk PE AB. Two of these are Gunilla Krogh (CFO of MindArk) and Magnus Eriksson (COO of MindArk). The other two are Kaj Suokko and Andreas Funksjö. Half of the board members are appointed by the beneficiaries and the remaining half by MindArk PE AB.

For more information, please contact:

Gunilla Krogh

CFO, MindArk PE AB (publ)

gunkro@mindark.com

Tel: +46 31 607 260

MindArk PE AB (publ)

Org. nr. 556640-4769

Masthamnsgatan 5

413 27 Gothenburg

www.mindark.com

About MindArk

MindArk PE AB (publ) (“the Company” or “MindArk”) develops and operates Entropia Universe, the world's first MMORPG (Massive Multiplayer Online Role-playing Game) with a “Real-Cash-Economy”, and Entropia Platform. Entropia Universe is a virtual universe consisting of a number of planets with different themes and activities. The software is provided globally and free of charge with the possibility to spend money in the virtual universe for anyone with access to PC and the internet. Entropia Universe consists of a digital economy where resources, materials, land, and buildings are represented as digital assets with an underlying base value. Entropia Platform is the technology platform that powers Entropia Universe. The platform is shared with partners who develop their own unique game content for their planets in Entropia Universe.