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FUNCOM SE

FUNCOM SE

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Publicatie datum 29 aug 2013 - 12:33
Statutaire naam FUNCOM SE
Titel FUNCOM MARKET UPDATE
Bericht Funcom N.V. wishes to clarify that today's article in «Dagens Næringsliv» is based on an interview done with the CEO Ole Schreiner during Gamescom in Cologne a week ago. Funcom is looking at the opportunities for financing new projects, which is consistent with the strategy presented by the new management on several occasions. Please also refer to the 2012 annual report of Funcom N.V., page 21. Due to the Company group structure and the recent currency fluctuations in the market the company has recorded a foreign exchange translation loss which decreased the Equity to negative in 2Q13. It is however considered that the revenue potential of the current and future games as well as the cost saving measures undertaken since 3Q12 will improve the profitability of the Company and will lead to an increase of the equity position. Details around this will be presented in tomorrow's quarterly presentation that will be held at Vika Atrium on Friday August 30th at 8 am. Badhoevedorp, The Netherlands, 29 August 2013 Funcom N.V. This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

Datum laatste update: 28 december 2025