Media and Games Invest SE: The Board of Directors has decided to propose at the next AGM to move the headquarter from Malta to Sweden

Feb 09, 2022

The relocation to Sweden is the next logical step for the Company and follows the listing in Sweden in 2020
In line with Swedish laws and governance rules, MGI will implement a Nomination Committee and the Board of Directors will institute Remuneration and Audit Committees to reflect the size of the underlying business
In line with the set-up of the new Committees, the Company also plans to increase the number of directors on the Board
The Chairman and CEO role will be split in line with the Swedish Corporate Governance Code, while Remco Westermann will remain as CEO and Director of the Company
The relocation and the optimization of the governance structure will provide the Company with better access to capital markets as certain investors have restrictions on investing in Maltese companies

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