MTG and NENT Group will operate as separate companies from 1 July 2018 as previously announced, and the Board of Directors of NENT Group held its first constituent Board meeting in London last Friday. The members of the Board of NENT Group comprise current MTG Board Directors David Chance (Chairman), Simon Duffy and Nathalie Tydeman. Additional Board members will be appointed in due course.
Separately, MTG and TDC A/S (“TDC Group”) have terminated the previously announced merger agreement to combine MTG Nordics (MTG Nordic Entertainment and MTG Studios) and TDC Group. The termination follows the completion of the previously announced public takeover offer for all of TDC Group’s shares by a financial consortium.
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’).
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