Stock\u00adholm \u2014 EQT is plea\u00adsed to announce that EQT Public Value (\u201cEQT Public Value\u201d) has acqui\u00adred 6.6 million shares in Story\u00adtel AB (\u201cStory\u00adtel\u201d or \u201cthe Company\u201d), repre\u00adsen\u00adting an owner\u00adship of close to 10 percent of shares outstan\u00adding. Joakim Rubin, Part\u00adner within EQT Public Value Advi\u00adsory Team, is nomi\u00adna\u00adted to join the board of direc\u00adtors, subject to appr\u00adoval of an extra\u00ador\u00addi\u00adnary gene\u00adral meeting.<\/p>\n
Story\u00adtel, listed on Nasdaq First North has a strong track record of orga\u00adnic and inor\u00adga\u00adnic growth in the large and fast-growing audio\u00adbook market. Story\u00adtel is one of the worl\u00add\u2019s largest subscri\u00adbed audio\u00adbook and e\u2011book strea\u00adming services and offers listening and reading of more than 700,000 titles on a global scale. The Company\u2019s vision is to make the world a more empa\u00adthe\u00adtic and crea\u00adtive place with great stories to be shared and enjoyed by anyone, anywhere, and anytime. Story\u00adtel\u2019s strea\u00adming busi\u00adness is conduc\u00adted under the brands Story\u00adtel and Mofibo. Story\u00adtel\u2019s publi\u00adshing busi\u00adness area is carried out through the audio\u00adbook publisher Story\u00adSide and acclai\u00admed Nordic publi\u00adshing houses such as Norstedts, Peop\u00adle\u2019s and Gumme\u00adrus. Story\u00adtel opera\u00adtes in 25 markets around the globe and is head\u00adquar\u00adte\u00adred in Stock\u00adholm, Sweden.<\/p>\n
EQT Public Value seeks to iden\u00adtify mino\u00adrity invest\u00adments in public compa\u00adnies with market leading posi\u00adti\u00adons, strong manage\u00adment teams and signi\u00adfi\u00adcant poten\u00adtial for top-line and earnings growth. Through share\u00adhol\u00adder enga\u00adge\u00adment, EQT Public Value aims to work closely with exis\u00adting share\u00adhol\u00adders, boards, and manage\u00adment teams in order to allow that compa\u00adnies reach their full poten\u00adtial and deli\u00adver share\u00adhol\u00adder value. In addi\u00adtion to Story\u00adtel, EQT Public Value has previously disc\u00adlo\u00adsed posi\u00adti\u00adons in Secu\u00adri\u00adtas, BHG Group, Store\u00adbrand, Biogaia, and AFRY.<\/p>\n
The EQT Public Value advi\u00adsory team looks forward, pending the Extra\u00ador\u00addi\u00adnary Gene\u00adral Meeting, to working toge\u00adther with share\u00adhol\u00adders, board, and manage\u00adment on the next phase of Story\u00adtel\u2019s growth journey.<\/p>\n","protected":false},"excerpt":{"rendered":"
Stock\u00adholm \u2014 EQT is plea\u00adsed to announce that EQT Public Value (\u201cEQT Public Value\u201d) has acqui\u00adred 6.6 million shares in Story\u00adtel AB (\u201cStory\u00adtel\u201d or \u201cthe Company\u201d), repre\u00adsen\u00adting an owner\u00adship of close to 10 percent of shares outstan\u00adding. Joakim Rubin, Part\u00adner within EQT Public Value Advi\u00adsory Team, is nomi\u00adna\u00adted to join the board of direc\u00adtors, subject [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":38024,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1369],"tags":[],"class_list":["post-40271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-investors"],"yoast_head":"\n