Investor Relations

Gaming Corps AB is a public limited company listed on Nasdaq First North under the ticker GCOR with ISIN code: SE0007100615. Gaming Corps AB began trading on First North on June 4, 2015. The company’s Certified Advisor is Remium Nordic AB. More information about the company can be found on this website, in the company description (PDF) and on First North and Introduce.

Contact for IR-related questions:

Magnus Kolaas

For further questions, please email

Corporate Governance

Gaming Corps AB is a Swedish public limited company incorporated under Swedish law. The company’s governance is based on Swedish legislation, primarily the Swedish Companies Act (SFS 2005: 551), the contract with First North, and other relevant rules and guidelines. Gaming Corps began trading on Nasdaq First North, June 4, 2015 and has Remium Nordic AB as Certified Adviser. Because Gaming Corps is not listed on a regulated market, the company is not formally required to comply with the Swedish Code of Corporate Governance.

Corporate Board

Refer to the Insider Register for information on shares currently held by board members.

Claes Tellman

Chairman of the Board

Claes Tellman has experience from the iGaming industry trough companies as Svenska Spel, NetEnt as well as Klarna, The Coca-Cola Company. All these positions has been at top leve. Claes has also experience as a Board member.

John Balestrieri

Regular Member

John Balestrieri is currently the Chief Executive Officer at Vavel Game Studio Inc. He joined Gaming Corps’ Board of Directors in June 2017 and has previously worked as Chief Technical Officer at the big data company Creative Intelligence, as VP of Engineering at Scopely, and Director of Development/Technical Director at Kabam. In addition to this he has also been an advisory board member for several companies in the US and Southeast Asia.

Sven-Erik Stridbeck

Regular Member

Sven-Erik is an experienced CFO from companies as Electrolux, Abbot, St Judes, AstraZeneca and as an auditor at Deolitte & Touche. Sven has many years of experience from M&A as well as development of financial systems.

Göran Lundsten

Regular Member

Göran Lundsten has 30-years of experience as a business lawyer and he is presently a partner at Hellstrom Law. He has previously held positions as a lawyer at Arthur Andersen and Skandia. He has extensive experience as a member of the board of various companies. His practice areas include Swedish and international commercial law and his clients are both are both start-ups and larger companies.

Dan Borth

Regular Member

Dan Borth is the Chief Executive Officer of Gaming Corps Austin former Red Fly Studios, a Texas based gaming studio that Gaming Corps acquired in 2016. Before joining Red Fly in 2005, Dan worked as a character artist at Sony Online Entertainment, Terminal Reality and Ion Storm.

Management Team

Refer to the Insider Register for information on shares currently held by managers.

Magnus Kolaas


Magnus, who was given a place on the Gaming Corps Board of Directors at the Annual General Meeting in June, has a background in digital development, international sales, marketing and business development. He has founded and run Ymer advertising, the marketing agency network IN, The Library, SwopGate, and Swarmplanet, along with several other companies. His mission in recent years has concentrated on corporate turnarounds, with a focus on marketing and sales. In August, Magnus took over as CEO after Nicklas.

Dan Borth

Vice President

Since joining the industry in 1994 and working with leading studios such as Nintendo, Sony, and Microsoft, Dan grew Red Fly Studio from an art outsourcing house with two employees to its current role as a leading independent developer. Dan still maintains a broad range of technical expertise including modeling, texturing, animation, and sculpture.

Kris Taylor

VP and Art Director

Kris Taylor began working in the game industry in 1996. Having worked at leading companies such as Retro Studios, Sony Online Entertainment, and Microsoft, Kris drives the delivery of the acclaimed visuals for which Red Fly Studio is well-known.


Chartered Accountant Thomas Lindgren
Grant Thornton

Thomas Lindgren is a member of the Association of Authorized Public Accountants (FAR)

Visiting address: S:t Persgatan 10
Mailing address: Box 3053, 750 03 Uppsala, Sweden

Telephone: +46 (0)18 –65 81 00


The company’s Certified Adviser is:

Remium Nordic ABn Nordic AB Nordic AB
Kungsgatan 12-14
111 35 Stockholm, Sweden

Telephone: +46 (0)8 –454 32 00
Fax: +46 (0)8 –454 32 01
info@Remium Nordic ABn Nordic

Share Price Development

For information regarding past and current share values, please refer to:

Articles Of Association

The Articles of Association were drafted at the company’s Annual General Meeting on March 20, 2015 and registered with the Swedish Companies Registration Office.


The company name is Gaming Corps AB. The company is public (publ).


The company is registered in Uppsala county, Sweden.


The company is involved in the development, marketing and sales of software for interactive entertainment, and also conducts other related businesses.


The share capital shall be not less than 950,000 SEK and not more than 3,800,000 SEK.


The number of shares shall be a minimum of 10,000,000 and a maximum of 40,000,000.


The Board shall consist of at least two and a maximum of six regular members, with two substitutes.


To audit the company’s annual accounts, the Board of Directors will appoint an auditor, with or without substitutes, or a registered auditing firm.


Notice of the General Meeting shall be published in Swedish Gazette and on the company website. That notice shall be advertised in Dagens Industri. Notice of general meetings shall be made within the time specified in the prevailing Company’s Act.


Shareholders who wish to participate in the General Meeting must be recorded in the transcript of the share register five days before the meeting, and notify the company no later than 16.00 on the date specified in the notice. This day may not be a Sunday, other public holiday, Saturday, Midsummer Eve, Christmas Eve or New Year’s Eve and not fall earlier than the fifth weekday prior to the meeting.


The Company’s shares shall be registered in a register under the Financial Instruments Act (1998: 1479).


The Annual General Meeting is held annually within six months of the fiscal year. At the Annual General Meeting the following matters shall be accomplished.

  1. Election of Chairman of the Meeting
  2. Preparation and approval of voting list
  3. Approval of the agenda
  4. Election of one or two secretaries to keep minutes of the meeting
  5. Determination of whether the Meeting has been duly convened
  6. Presentation of the annual report and audit report and, where applicable, the consolidated accounts and consolidated audit report
  7. Decisions
    1. Regarding the adoption of the income statement and balance sheet and of the consolidated income statement and consolidated balance sheet
    2. Regarding the allocation of the company’s profit or loss according to the adopted balance sheet
    3. Regarding the discharge from liability of the Directors and the CEO
  8. Determination of the number of board members and substitute board members, and where applicable, auditors and substitute auditors
  9. Determination of fees for the Board and auditors
  10. Election of Board members and, where applicable, auditors and substitute auditors
  11. Other matters incumbent on the Annual General Meeting under the Companies Act or the Articles of Association.


The company’s financial year shall be the calendar year.

Corporate Structure

Gaming Corps corporate structure per 29 September 2017.

Shareholders, 5 largest Number of shares Share of capital & votes in %
Avanza Pension 40 439 552 56,43
Nordnet Bank AB 8 782 507 12,25
Swedbank AB 5 490 962 7,66
Svenska Handelsbanken 4 217 796 5,89
SEB AB 3 596 668 5,02
Other shareholders 9 131 360 12,75
Total number of shares 71 658 845 100

Financial Calendar

Reports are normally due on the last Thursday of the 2nd month after the end of the period.

What When
Interim Report Q3, January-September 2017 2017-11-30
Year End Report Q4, January-December 2017  2018-02-22
Annual Report 2017 2018-05-17
Interim Report Q1, January-March 2018  2018-05-31
Annual General Meeting, 2018-05-31 (To be beld in Stockholm) 2018-05-31
Interim Report Q2, January-June 2018 2018-08-30
Interim Report Q3, January-September 2018 2018-11-29
Year End Report Q4, January-December 2018, 2019-02-28

Insider Register

As a listed company on First North, Gaming Corps has published below a list of the people who have insider status in the company. The purpose for this insider reporting on First North is to share information that corresponds to the information that would have been sent to the FSA if the Company were listed on a regulated market. The list was updated 1 November 2017.

Person with insider status Office Total holding (number of shares)
Dan Borth Vice President 1 250 000
Jonas Forsman President of the board 63 000 (via companies)
John Balestrieri Regular board member -
Magnus Kolaas CEO and Regular board member -
Sara Karlsson Consultant -
Joakim Delking Counsultant -
Göran Lundsten

Regular board member


Insider trading Gaming Corps AB (publ)

Since the 3rd of July 2016 insider trading is reported directly to the Swedish Financial Supervisory Authority.

Share Capital Development

Year Transaction Increase in number of shares Increase of share capital Total share capital Total number of shares Share per value (SEK)
2016-05-13 New emission 2 300 000 210 623 1 176 917 12 851 936 0,09
2016-04-19 Option redemption 144 000 13 187 966 295 10 551 936 0,09
2016-03-03 Option redemption 566 796 51 904 953 107 10 407 963 0,09
2016-03-03 Option redemption 242 499 22 207 901 203 9 841 140 0,09
2016-03-03 Option redemption 39 999 3 663 878 996 9 598 641 0,09
2015 New emission 200 000 18 315 875 334 9 558 642 0,09
2015 New emission 89 142 8 164 857 019 9 358 642 0,09
2015 New emission 1 500 000 137 362 848 855 9 269 500 0,09
2015 Option redemption 17 500 1 602 711 492 7 769 500 0,09
2015 Option redemption 108 000 9 890 709 890 7 752 000 0,09
2015 New emission 2 184 000 200 000 700 000 7 644 000 0,09
2015 Split (3:1) 3 640 000 500 000 5 460 000 0,09
2015 Bonus issue 409 000 500 000 1 820 000 0,27
2015 New emission 220 000 11 000 91 000 1 820 000 0,05
2014 New emission 400 000 20 000 80 000 1 600 000 0,05
2014 New emission 200 000 10 000 60 000 1 200 000 0,05
2014 Division 999 500 50 000 1 000 000 0,05
2014 Formation 50 000 500 100


Gaming Corps strives at all times to be as transparent and accessible to the market as possible. This is done to make it easier for third parties to gain an accurate picture of the company and facilitate analysis of the Company’s operations.

The company follows all applicable rules and regulations concerning this type of company and attaches great importance to the production and publication of timely and reliable information. Examples of such materials are interim reports, press releases and annual reports. Publication is done in accordance with Nasdaq’s current regulations.

The main communication channels the company uses is its website and distribution via Cision’s new service. Key people within the company, including the President and Head of Communications, speak regularly with analysts, journalists and investors. News of price-sensitive information is always communicated through official channels. We do not organize our own capital market days at present.

During the period leading up to publication of interim and year-end reports the Company observes a “silent period”of at least 30 calendar days. During this period company representatives only answer questions of a general nature and refrain from making comments regarding economic development, as such comments could potentially affect share prices.