- Previously announced sale of all of MTG’s 75% shareholding in TRACE media group closed
- Sale reflects MTG’s ongoing strategic transformation
The sale will result in a preliminary net capital gain of approximately SEK 58 million, which will be reported within items affecting comparability (IAC) in MTG’s Q2 2018 financial results.
Please see here for the original announcement “MTG sells stake in TRACE media group”.
NOTES TO EDITORS
MTG (Modern Times Group MTG AB (publ)) is a leading international digital entertainment group and we are shaping the future of entertainment by connecting consumers with the content that they love in as many ways as possible. Our brands span TV, radio and next generation entertainment experiences in esports, digital video content and online gaming. Born in Sweden, our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).
Download high-resolution photos: Flickr