M.O.B.A. Network AB, a global leader in operating gaming communities and products, is pleased to announce the repurchase of parts of an issued bond, demonstrating the company's commitment to enhancing its financial strength.

M.O.B.A. Network has repurchased EUR 1 million of its own corporate bonds listed on Nasdaq Stockholm. These repurchases pertain to the company's bond loans (2023/2026) with an outstanding nominal amount of EUR 25 million (ISIN SE0020050540). The repurchase was made at 92.45% of the bonds' nominal value, for a total amount of EUR 924,500. M.O.B.A. Network now owns EUR 2.9 million (11.6%) of the bonds' outstanding nominal amount.

“By buying back bonds, below nominal value, we decrease our interest payments and net debt. This strategic move highlights our positive financial trajectory and underscores our ability to make such proactive financial decisions. We will keep reviewing our balance sheet and actively managing our capital structure to boost shareholder value," stated Anders Ribbing, CEO of M.O.B.A. Network.

For more information about the bond and M.O.B.A. Network, please visit the corporate website, www.wearemoba.com.

Contacts
Anders Ribbing, CEO
info@wearemoba.com
https://wearemoba.com
Certified Adviser - FNCA Sweden AB

About Us
M.O.B.A. Network AB acquires, develops and operates gaming communities for the global gaming market. The company owns one of the world's largest networks in gaming communities, with 25 web-based global brands, premium in-game apps, and the YouTube network Union For Gamers (UFG) with over 1,000 content creators. The company's business areas consist of advertising sales on the company's communities and video sales via the YouTube network.

Attachments
M.O.B.A. Network announces a buyback of the company's own corporate bonds to strengthen its financial position

© Modular Finance, source Nordic Press Releases