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DEVO Devolver Digital Inc.

23.00
-0.50 (-2.13%)
Last Updated: 08:10:04
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Devolver Digital Inc. DEVO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.50 -2.13% 23.00 08:10:04
Open Price Low Price High Price Close Price Previous Close
23.50 23.00 23.50 23.50
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Devolver Digital DEVO Dividends History

No dividends issued between 26 Apr 2014 and 26 Apr 2024

Top Dividend Posts

Top Posts
Posted at 03/2/2023 15:39 by volsung
I remember there use to be a pop group called Devo
Posted at 16/2/2022 17:31 by km18
...from a couple of weeks ago...

Company overview:Devolver Digital is involved in the development of video games to release them on PC and mobile devices in the US. Given the wide range of audience, firm to managed to optimise revenue by 40% to $99.5m, hence EBITDA is expected to be ahead of market expectations with growth of more than 55% to at least $25m. From a valuation perspective, the firm’s Price to Free Cashflow was 54.8x, signifying that the firm financed its operations and investing activities more effectively than its competitors, since the communications services P/FCF stood at 27.6x....from WealthOracleAM
Posted at 04/11/2021 16:15 by hedgehog 100
Current share price 4th. November 2021: 185p
Market capitalisation: £818.17M.


"WE ARE DEVOLVER DIGITAL
An award-winning digital publisher and developer of exquisite video games"



04/11/2021 07:00 UK Regulatory (RNS & others) Devolver Digital, Inc. Admission to AIM and First Day of Dealings LSE:DEVO Devolver Digital Inc.

"Devolver Digital, Inc, an award-winning digital publisher and developer of indie video games, is pleased to announce the admission of its shares to trading on the AIM market of the London Stock Exchange.

On Admission, the Company will have a market capitalisation of approximately GBP694.3 million, with a total of 442,256,716 outstanding shares in issue. In connection with Admission, gross proceeds of GBP190.9 million were raised by way of an oversubscribed placing of new and existing shares at the Placing Price of 157 pence per share with institutional and other shareholders, of which GBP36.5 million of gross proceeds are for the Company. As part of the Placing, the Selling Shareholders have agreed to sell, in aggregate, 98,292,740 Sale Shares at the Placing Price.

Dealings in the shares will commence at 8:00 a.m. today, 4 November 2021, under the ticker DEVO and ISIN number USU0858L1036.

Zeus Capital is Nominated Adviser and Sole Bookrunner to the Company.

Devolver Digital overview

Devolver is an award-winning video games publisher in the indie games space with a balanced portfolio of third-party and own-IP. Devolver has an emphasis on premium games and has published more than 90 titles, with more than 30 titles in the pipeline scheduled for release over the next two years and beyond. Through recent acquisitions, Devolver now has its own-IP franchises, in-house studios developing first-party IP and a complementary publishing brand. Devolver is registered in Wilmington, Delaware, USA.

The Directors believe that Admission will provide Devolver with access to capital on an ongoing basis to fund the Company's organic growth strategy, its primary driver. In addition, the Directors believe Admission will further enhance the Company's reputation as an ethical publisher, create a currency of the Company's shares and provide access to capital to make acquisitions where Devolver sees a cultural fit.

Harry Miller, Executive Chairman of Devolver, said:

"In 2009 a handful of us sat down in Austin, Texas to launch a new video game label to embrace the fun in video games and never let go. Today we are 200 people spread across 22 countries, two publishing brands and five development studios. One thing has not changed: our team remains passionate about helping developers, and fellow Devolvers bring interesting and unusual games to the forefront.

The team at Devolver Digital is forever thankful to our talented people and the partners and developers that put their trust in us - and we are excited about what the future holds."

Douglas Morin, Chief Executive Officer of Devolver, said:

" An IPO is the right choice for us to ensure our continued growth and support even more wonderful games. Most importantly it will allow us to retain our culture. Being a public company gives liquidity to our amazing team, all of whom are shareholders. It also gives us access to capital markets to continue investing in organic growth and talent." ..."

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