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Starbreeze AB Receives New Board Proposal from Major Shareholder

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Starbreeze AB Receives New Board Proposal from Major Shareholder

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Starbreeze AB ( ($SE:STAR.B) ) has provided an update.

Starbreeze AB’s nomination committee received an alternative board proposal from major shareholder Digital Bros. SpA, which holds a significant portion of the company’s capital and voting rights. The proposal suggests a board of four members, including a new candidate, Cecilia Tosting, who brings extensive industry experience from her previous roles at Activision Blizzard Nordics AB and the Walt Disney Company. This change in board composition could influence Starbreeze’s strategic direction and operations, potentially impacting its market positioning and stakeholder interests.

More about Starbreeze AB

Starbreeze is an independent developer, publisher, and distributor of PC and console games to a global market, with studios in Stockholm, Barcelona, Paris, and London. Known for the successful PAYDAY™ brand, Starbreeze develops games based on its own and others’ brands, both internally and in collaboration with external game developers. The company’s shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B.

Average Trading Volume: 2,576,709

Current Market Cap: SEK330.1M

See more insights into STAR.B stock on TipRanks’ Stock Analysis page.

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