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GDEV Provides Clarification In Respect Of Previously Announced Special Cash Dividend

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GDEV Inc. (Nasdaq: GDEV) has issued a clarification regarding its previously announced special cash dividend of $3.31 per share. The dividend is payable on March 11, 2025, to shareholders of record as of March 3, 2025, with an ex-dividend date of March 12, 2025.

According to Nasdaq Rule 11140(b)(2), when a cash dividend's value exceeds 25% of the security's value, the ex-dividend date is set for the first business day after the payable date. Based on GDEV's closing bid price of $12.82 on February 20, 2025, Nasdaq will reset the opening trading price on March 12 to reflect the dividend payment.

Investors should note that the trading price is expected to be lower on the ex-dividend date compared to March 11, reflecting the dividend amount. Purchasers of GDEV shares on or after the ex-dividend date will not receive this special dividend.

GDEV is a gaming and entertainment holding company whose franchises, including Hero Wars and Pixel Gun 3D, have accumulated over 550 million installs and $2.5 billion in bookings worldwide.

GDEV Inc. (Nasdaq: GDEV) ha emesso un chiarimento riguardo al suo precedente annuncio di un dividendo speciale in contante di $3.31 per azione. Il dividendo sarà pagabile il 11 marzo 2025, agli azionisti registrati al 3 marzo 2025, con una data di stacco del dividendo fissata per il 12 marzo 2025.

Secondo la Regola 11140(b)(2) di Nasdaq, quando il valore di un dividendo in contante supera il 25% del valore del titolo, la data di stacco del dividendo è fissata per il primo giorno lavorativo successivo alla data di pagamento. Basandosi sul prezzo di chiusura dell'azione GDEV di $12.82 del 20 febbraio 2025, Nasdaq ripristinerà il prezzo di apertura delle contrattazioni il 12 marzo per riflettere il pagamento del dividendo.

Gli investitori dovrebbero notare che il prezzo di contrattazione è previsto essere inferiore alla data di stacco del dividendo rispetto all'11 marzo, riflettendo l'importo del dividendo. Gli acquirenti di azioni GDEV a partire dalla data di stacco del dividendo non riceveranno questo dividendo speciale.

GDEV è una holding di giochi e intrattenimento le cui franchigie, tra cui Hero Wars e Pixel Gun 3D, hanno accumulato oltre 550 milioni di installazioni e $2.5 miliardi in prenotazioni in tutto il mondo.

GDEV Inc. (Nasdaq: GDEV) ha emitido una aclaración respecto a su anterior anuncio de un dividendo especial en efectivo de $3.31 por acción. El dividendo se pagará el 11 de marzo de 2025, a los accionistas registrados hasta el 3 de marzo de 2025, con una fecha ex-dividendo establecida para el 12 de marzo de 2025.

De acuerdo con la Regla 11140(b)(2) de Nasdaq, cuando el valor de un dividendo en efectivo supera el 25% del valor del título, la fecha ex-dividendo se establece para el primer día hábil posterior a la fecha de pago. Basándose en el precio de cierre de la acción de GDEV de $12.82 del 20 de febrero de 2025, Nasdaq reajustará el precio de apertura de las operaciones el 12 de marzo para reflejar el pago del dividendo.

Los inversores deben tener en cuenta que se espera que el precio de negociación sea más bajo en la fecha ex-dividendo en comparación con el 11 de marzo, reflejando el monto del dividendo. Los compradores de acciones de GDEV a partir de la fecha ex-dividendo no recibirán este dividendo especial.

GDEV es una empresa matriz de juegos y entretenimiento cuyas franquicias, incluyendo Hero Wars y Pixel Gun 3D, han acumulado más de 550 millones de instalaciones y $2.5 mil millones en reservas a nivel mundial.

GDEV Inc. (Nasdaq: GDEV)는 이전에 발표한 특별 현금 배당금 $3.31 per share에 대한 설명을 발표했습니다. 배당금은 2025년 3월 11일에 지급되며, 2025년 3월 3일 기준의 주주에게 지급됩니다. 배당금 지급일의 다음 영업일인 2025년 3월 12일이 배당락일입니다.

Nasdaq 규칙 11140(b)(2)에 따르면, 현금 배당금의 가치가 증권 가치의 25%를 초과할 경우 배당락일은 지급일 다음 첫 번째 영업일로 설정됩니다. 2025년 2월 20일 GDEV의 종가가 $12.82인 것을 기준으로 Nasdaq은 3월 12일 개장 거래 가격을 배당금 지급을 반영하도록 조정할 것입니다.

투자자들은 배당락일의 거래 가격이 3월 11일보다 낮을 것으로 예상된다는 점에 유의해야 하며, 이는 배당금 금액을 반영합니다. 배당락일 이후에 GDEV 주식을 구매한 사람은 이 특별 배당금을 받지 못합니다.

GDEV는 Hero Wars와 Pixel Gun 3D를 포함한 프랜차이즈가 전 세계적으로 5억 5천만 회 이상의 설치와 25억 달러의 예약을 기록한 게임 및 엔터테인먼트 지주 회사입니다.

GDEV Inc. (Nasdaq: GDEV) a publié une clarification concernant son dividende spécial en espèces précédemment annoncé de $3.31 par action. Le dividende sera payable le 11 mars 2025, aux actionnaires enregistrés au 3 mars 2025, avec une date de détachement du dividende fixée au 12 mars 2025.

Selon la règle 11140(b)(2) de Nasdaq, lorsqu'une valeur de dividende en espèces dépasse 25% de la valeur de la sécurité, la date de détachement du dividende est fixée au premier jour ouvrable suivant la date de paiement. Sur la base du prix de clôture de GDEV de $12.82 au 20 février 2025, Nasdaq réajustera le prix d'ouverture des transactions le 12 mars pour refléter le paiement du dividende.

Les investisseurs doivent noter que le prix de négociation devrait être inférieur à la date de détachement du dividende par rapport au 11 mars, reflétant le montant du dividende. Les acheteurs d'actions GDEV à partir de la date de détachement du dividende ne recevront pas ce dividende spécial.

GDEV est une société holding de jeux et de divertissement dont les franchises, y compris Hero Wars et Pixel Gun 3D, ont accumulé plus de 550 millions d'installations et 2,5 milliards de dollars de réservations dans le monde entier.

GDEV Inc. (Nasdaq: GDEV) hat eine Klarstellung zu seiner zuvor angekündigten Sonderdividende in bar von $3.31 pro Aktie herausgegeben. Die Dividende ist am 11. März 2025 zahlbar an die Aktionäre, die am 3. März 2025 im Aktienbuch stehen, mit einem Ex-Dividenden-Datum am 12. März 2025.

Gemäß der Nasdaq-Regel 11140(b)(2) wird das Ex-Dividenden-Datum auf den ersten Geschäftstag nach dem Zahlungsdatum festgelegt, wenn der Wert einer Bardividende 25% des Wertes des Wertpapiers übersteigt. Basierend auf dem Schlusskurs von GDEV von $12.82 am 20. Februar 2025 wird Nasdaq den Eröffnungshandelspreis am 12. März anpassen, um die Dividendenzahlung zu reflektieren.

Investoren sollten beachten, dass der Handelspreis am Ex-Dividenden-Datum voraussichtlich niedriger sein wird als am 11. März, was den Dividendenbetrag widerspiegelt. Käufer von GDEV-Aktien ab dem Ex-Dividenden-Datum erhalten diese Sonderdividende nicht.

GDEV ist ein Holdingunternehmen für Spiele und Unterhaltung, dessen Franchises, darunter Hero Wars und Pixel Gun 3D, weltweit über 550 Millionen Installationen und 2,5 Milliarden Dollar an Buchungen verzeichnet haben.

Positive
  • Special cash dividend of $3.31 per share to be paid on March 11, 2025
  • Dividend represents over 25% of the share value ($12.82 as of February 20, 2025)
  • Company franchises have accumulated over 550 million installs
  • Gaming portfolio has generated $2.5 billion in bookings worldwide
Negative
  • Stock price expected to drop on ex-dividend date to reflect dividend payment
  • One-time, nonrecurring special dividend (not a regular dividend program)
  • New purchasers after ex-dividend date will miss out on the dividend

LIMASSOL, Cyprus, Feb. 25, 2025 (GLOBE NEWSWIRE) -- GDEV Inc. (Nasdaq: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today issued a clarification in respect of its previously announced one-time, nonrecurring special cash dividend of $3.31 per share, payable on March 11, 2025, to the Company’s shareholders of record as of the close of business on March 3, 2025. According to Nasdaq, the ex-dividend date for Nasdaq trading will be March 12, 2025.

Nasdaq Rule 11140(b)(2) provides that if the value of a cash dividend is 25% or greater than the value of the subject security, the ex-dividend date will be the first business day following the payable date. According to Nasdaq, the value of the subject security is based upon the closing bid price as of the last trading date before the public announcement of the cash dividend. The closing bid price of GDEV shares as of February 20, 2025, the last trading date before the Company’s public announcement of the special dividend, was $12.82.

On March 12, 2025, the ex-dividend date, Nasdaq will reset the opening trading price of GDEV’s ordinary shares to reflect the payment of the special dividend. While an investor generally needs to own the shares on the payable date to be entitled to the special dividend, investors should consult with their financial advisors as to their entitlement to the special dividend. The trading price for GDEV’s ordinary shares on the ex-dividend date is expected to be lower than the closing price on March 11, 2025, the last trading date before the ex-dividend date, to reflect the amount of the special dividend. On and after the ex-dividend date, purchasers of GDEV’s ordinary shares will have no right to receive the special dividend with respect to those newly purchased ordinary shares.

About GDEV Inc.
GDEV is a gaming and entertainment holding company, focused on development and growth of its franchise portfolio across various genres and platforms. With a diverse range of subsidiaries including Nexters and Cubic Games, among others, GDEV strives to create games that will inspire and engage millions of players for years to come. Its franchises, such as Hero Wars, Island Hoppers, Pixel Gun 3D and others have accumulated over 550 million installs and $2.5 billion of bookings worldwide. For more information, please visit www.gdev.inc.

Contacts:

Investor Relations
Roman Safiyulin | Chief Corporate Development Officer
investor@gdev.inc

Cautionary statement regarding forward-looking statements

Certain statements in this press release may constitute “forward-looking statements” for purposes of the federal securities laws. Such statements are based on current expectations that are subject to risks and uncertainties. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.

The forward-looking statements contained in this press release are based on the Company’s current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those that the Company has anticipated. Forward-looking statements involve a number of risks, uncertainties (some of which are beyond the Company’s control) or other assumptions. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s 2023 Annual Report on Form 20-F, filed by the Company on April 29, 2024, and other documents filed by the Company from time to time with the SEC. Should one or more of these risks or uncertainties materialize, or should any of the Company’s assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.


FAQ

When will GDEV's $3.31 special dividend be paid to shareholders?

GDEV's special cash dividend of $3.31 per share will be paid on March 11, 2025, to shareholders of record as of the close of business on March 3, 2025.

What is the ex-dividend date for GDEV's special dividend?

The ex-dividend date for GDEV's special dividend is March 12, 2025, which is the first business day following the payable date, as per Nasdaq Rule 11140(b)(2).

Why is GDEV's ex-dividend date after the payment date?

GDEV's ex-dividend date is after the payment date because the dividend value ($3.31) is more than 25% of the share value ($12.82). According to Nasdaq Rule 11140(b)(2), in such cases, the ex-dividend date is set for the first business day after the payable date.

How will GDEV's stock price be affected on the ex-dividend date?

GDEV's stock price is expected to be lower on the ex-dividend date (March 12, 2025) compared to the closing price on March 11, 2025, as Nasdaq will reset the opening trading price to reflect the $3.31 special dividend payment.

What happens if I buy GDEV shares on or after the ex-dividend date?

If you purchase GDEV shares on or after the ex-dividend date (March 12, 2025), you will not be entitled to receive the $3.31 special cash dividend for those newly purchased shares.

What is the total value of GDEV's gaming franchises according to the announcement?

According to the announcement, GDEV's franchises, which include Hero Wars, Island Hoppers, and Pixel Gun 3D, have accumulated over 550 million installs and $2.5 billion of bookings worldwide.

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Electronic Gaming & Multimedia
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