Thunderful Group today announces the appointment of game-industry veteran Agostino Simonetta, until recently Director of Global Partnership Management at Microsoft’s ID@Xbox program. Simonetta joins as Chief Strategy & Investment Officer (CSO) of Thunderful Group, and will focus entirely on the Games segment.
An exciting first quarter with good profitability
Thunderful Group AB (”Thunderful Group”) today announces that their British subsidiary Coatsink Softward Ltd (”Coatsink Software”) has signed agreements with Facebook-owned companies for new and perennial game development and collaboration projects, at a total value exceeding 20 MUSD.
An annual general meeting was held in Thunderful Group AB on April 27, 2021. Due to the extraordinary situation prevailing because of covid-19 the annual general meeting was held by postal voting and without any physical attendance. A summary of the decisions made at the general meeting follows below. All resolutions have been made with required majority and in accordance with the proposals set forth by the Board of Directors and Nomination Committee.
Issuance of new shares in Thunderful Group AB has been registered with the Swedish Companies Registration Office
In accordance the previously announced acquisition of all outstanding shares in Headup GmbH, 446,250 shares in Thunderful Group AB have been issued at a subscription price of SEK 56.80 per share.