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THQ NORDIC BECOMES EMBRACER GROUP TO CLARIFY GROUP STRUCTURE AND STRATEGY

THQ Nordic AB today presents the Board of Directors’ proposal to change the name of the parent company THQ Nordic AB (publ) to Embracer Group AB (publ). The strategic rationale behind the proposal is to clarify the group structure and strategy with the Parent Company as a holding company.

The Group currently has three wholly owned operative groups: Koch Media/Deep Silver, Coffee Stain and THQ Nordic GmbH – all that will remain unchanged.

The proposed name change to Embracer Group AB (publ) is subject to approval at the AGM September 17. New website and visual identity will be launched on the same date.