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BRIEF-Paradox Interactive: Price in offering set at SEK 33/share
May 26, 2016 / 6:21 AM / a year ago

BRIEF-Paradox Interactive: Price in offering set at SEK 33/share

May 26 (Reuters) - Paradox Interactive AB IPO-PARADOX.ST:

* Price in offering of co’s share on Nasdaq First North Premier has been set at 33 Swedish crowns ($3.98) per share, corresponding a valuation of company of 3.49 billion

* Offering comprises a total of 16,327,400 existing shares

* All shares are offered by selling shareholders in Paradox, corresponding to about 15 percent of the total shares in the company and offering size of 539 million crowns

* Fredrik Wester and Spiltan will continue to be long-term shareholders in Paradox with 33.3 pct and 30.5 pct of shares in company respectively

* Trading in the company's shares on Nasdaq First North Premier commences on May 31, under trading symbol PDX Source text: bit.ly/248LEeQ Further company coverage: ($1 = 8.2880 Swedish crowns) (Gdynia Newsroom)

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