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EMBRACER + GROUP Press release Karlstad , Sweden , 5 August 2021 EIGHT ANNOUNCED ACQUISITIONS CONTRIBUTE AN ESTIMATED SEK 2,000-3,000 MILLION IN NET SALES AND SEK 350-550 MILLION IN OPERATIONAL EBIT DURING FY2022 / 23 INSIDE INFORMATION : Embracer Group AB ( " Embracer " ) and its subsidiaries have as previously communicated this morning entered into eight acquisition agreements ( the Transactions ” ) . The Transactions improve the group's capabilities within mobile publishing and development , indie development , VR development as well as story driven , retro shooter and other development for PC / consoles . The acquired businesses are expected to contribute to Embracer's net sales in the range of SEK 2,000-3,000 million and to Operational EBIT in the range of SEK 350-550 million during the next financial year , ending March 31 , 2023. For the remaining quarters of the current financial year ending March 31 , 2022 , the run rate contribution is expected to be in the lower end of the above - mentioned ranges . Crazy Labs is the most impactful contributor , both in net sales and Operational EBIT , and is estimated to be completed in the back end of the current quarter ending September 30 , 2021 . The aggregated day one purchase price for the Transactions amounts to approximately SEK 2.7 billion in total , on a cash and debt free basis . Approximately SEK 2.1 billion is paid in cash and SEK 0.6 billion is paid in newly issued Embracer B shares . To create long term alignment , a maximum additional consideration amounting to SEK 2.0 billion on an aggregated basis , which is subject to fulfilment of agreed milestones , both operational and financial , over a period of up to eight years has been agreed . The additional consideration comprises of a maximum of approximately SEK 1.0 billion to be paid in cash and approximately SEK 1.0 billion to be paid in Embracer B shares . All shares are issued at a price corresponding to the volume weighted average price per Embracer B share at Nasdaq First North Growth Market during 20 trading days preceding ( but not including ) the date of signing of each of the Transactions . Thus , the price per share range from SEK 223.20 to SEK 231.93 . The aggregated maximum consideration amounts to SEK 4.7 billion . The estimated surplus value that will be in the preliminary PPA amounts to approx . SEK 4.5 billion . This will be amortized according to Embracer's current accounting principles straight over 5 years . The management teams of acquired companies have ambitious plans for profitable growth in the coming years and the earn outs are constructed to incentivize this . For illustrative purposes , to achieve the maximum additional consideration the Embracer Group AB ( publ ) Älvgatan 1 , SE - 652 25 Karlstad , Sweden Organization Number : 556582-6558 Registered Office : Karlstad , Sweden