MGI successfully places EUR 175 million of new senior secured bonds at 98.00% of par with a floating rate coupon of EURIBOR + 6.25% and repurchases EUR 115 million of existing senior secured bonds

The new bonds (ISIN SE0018042277) were issued at a price of 98.00% of par with a floating rate coupon of EURIBOR + 6.25% and a tenor of four years. As previously announced, the Company offered a partial buy-back to the holders of MGI’s outstanding senior secured floating rate bonds maturing on November 27, 2024 with ISIN SE0015194527 in connection with the bond issue. Existing bonds in an aggregate nominal amount of EUR 115 million were also repurchased by the Company in the buy-back.

Paul Echt, CFO of MGI, commented, “The transaction was well oversubscribed, generating strong demand from institutional investors based in Europe, North America and Asia, allowing us to issue EUR 175 million in new senior secured bonds. Through this transaction we raised another EUR 60 million in new cash for general corporate purposes, including M&A, and rolled over EUR 115 million from the existing senior secured bond. Consequently, we have further diversified our bond maturities. Without having any liquidity need in the near future, this additional EUR 60 million of capital brings us to well above EUR 150 million of cash on-hand which we will use to take advantage of plentiful M&A opportunities with appealing transaction multiples that exist in the market today.”

Disclaimer

The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.

Responsible parties

The information in this release has been made public through the agency of the responsible persons set out below for publication at the time stated by MGI's news distributor, EQS Newswire, at the publication of this release. The responsible persons below may be contacted for further information.

For further information, please contact:

Sören Barz
Head of Investor Relations
+49 170 376 9571
soeren.barz@mgi-se.com, investor@mgi-se.com
www.mgi-se.com

Jenny Rosberg, ROPA, IR contact Stockholm
+46707472741
Jenny.rosberg@ropa.se

Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, IR contact Frankfurt
+49 69 9055 05 51
mgi@edicto.de

About Media and Games Invest SE

Media and Games Invest SE (“MGI” or the “Company”, ISIN: MT0000580101; Ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange, OTCQX: MDGIF) is an advertising software platform with strong first party games content. MGI’s main operational presence is in North America and Europe. The company combines organic growth with value-generating synergetic acquisitions, which has demonstrated continuous strong profitable growth with a revenue CAGR of 77% (2018 –2021). Next to strong organic growth, the MGI Group has successfully acquired more than 35 companies and assets in the past 6 years. The acquired assets and companies have been integrated and amongst others cloud technology is actively used to achieve efficiency gains and competitive advantages. MGI is registered as Societas Europaea in Malta (registration number SE 15) and its shares are listed on Nasdaq First North Premier Growth Market in Stockholm and in the Scale segment of the Frankfurt Stock Exchange. The Company has a secured bond that is listed on Nasdaq Stockholm and on the Frankfurt Stock Exchange Open Market.

The Company's certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB; info@fnca.se, +46-8-528 00 399.