CI Games offers to buy back United Label ahead of potential dual listing
Polish firm hopes to full reabsorb publisher before it floats on the London Stock Exchange
CI Games has made a tender offer to purchase all remaining shares of publisher United Label ahead of a considered dual listing on the London Stock Exchange.
The Polish outfit currently owns a 78.5% stake in the label, which it launched in 2019. It is best known as the publisher of titles including Roki and Tails of Iron.
CI Games began preparations to float on the LSE back in March this year, with the appointment of David Broderick as its new CFO.
It is already listed on the Warsaw Stock Exchange, and has been a public company in Poland since 2007.
“We truly believe that by bringing United Label back under full ownership of CI Games, we will be better able to support its growth and our combined players communities, as we continue to target a potential dual listing in London,” said CI Games CEO Marek Tyminski.
“This will aid in driving forward the enlarged group’s future success through sustained investment into all four pillars of our growth strategy and leveraging our diversified global structure, to deliver our strongest portfolio of games and content to date.”
The studio also currently has three multi-platform titles in development, including Lords of the Fallen 2, and a new instalment to the Sniper Warrior series.