Play Magnus AS

Play Magnus Group (PMG) - Annual Report 2021

27.4.2022 12:00:02 CEST | Play Magnus AS | Annual financial and audit reports

(Oslo, 27 April 2022) - Play Magnus AS (PMG) publishes its Annual Report for 2021.

The report is attached and available at https://playmagnusgroup.com/investor.

Andreas Thome, CEO Play Magnus Group comments:

"2021 was a transformative year of growth for Play Magnus Group as we built on the momentum from 2020. Across the two areas of Play Magnus Group’s leading ecosystem of products and services in elearning and esports, we saw significant numbers of new users, fans and partners join the chess community as part of our mission to introduce more people to play, watch, learn and make a living from chess. Chessable continued to expand its position as the leading platform for chess improvement, while the Champions Chess Tour had a successful launch of its first full season, establishing itself as the most relevant professional online chess circuit. At the same time, Play Magnus Group acquired five companies to expand our content library, add new platforms, and enter new verticals such as the scholastic market. On top of all of this, our key ambassador and co-founder, Magnus Carlsen, won his fifth classical World Championship title, cementing his place as one of the greatest chess players of all time."

Disclosure regulation

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 17 no. 1 and section 5-12 of the Norwegian Securities Trading Act, and was submitted for publication by Arkus Fredriksson, Chief Strategy Officer of Play Magnus Group.

Contacts

Dmitri Shneider

CFO, Play Magnus Group

dmitri@playmagnus.com

Andreas Thome

CEO, Play Magnus Group

andreas@playmagnus.com

About Play Magnus AS

Play Magnus Group is a global leader in the chess industry focused on providing premier digital experiences for millions of chess players and students. The company offers elearning and entertainment services via its market leading brands: chess24, Chessable, iChess, New In Chess, Everyman Chess, Silver Knights, CoChess, Aimchess, the Play Magnus App Suite, and the Meltwater Champions Chess Tour. The Group's mission is to grow chess to make the world a smarter place by encouraging more people to play, watch, study, and earn a living from chess.


Play Magnus Group is listed on Euronext Growth Oslo under the ticker PMG and OTCQX® Best Market under the ticker PMGMF. For more information visit pmg.me.

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