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2015-03-02

Mavshack: Mavshack's Extra Annual Meeting approves new share issue

MAVSHACK'S EXTRA ANNUAL MEETING APPROVES NEW SHARE ISSUE

Mavshack's Extra Annual Meeting today approved the board of director's
proposal for a new share issue towards existing shareholders. The rights
issue is fully underwritten by the main shareholders and external
guarantors.

- During the last couple of quarters Mavshack has taken significant
strategic steps forward. Through this capital injection we can speed up our
plans for future growth. Going forward we will see Mavshack gain market
share by growing its presence in existing markets at the same time as it
enters into new ones. Mavshack will also enhance the service for users
which will strengthen the brand, says Jonas Litborn, CEO Mavshack.

March 2, 2015

The following documents can be retrieved from beQuoted
Mavshack Pressrelease 2015-03-02 (English).pdf

Mavshack Pressrelease 2015-03-02 (Swedish).pdf

About Mavshack AB
Mavshack runs one of the world's fastest growing Internet TV services,
providing Asian entertainment to audiences worldwide. The service is
accessible via internet-connected device and currently have users in more
than 80 countries. Through agreements with Asia's leading content
providers, and currently offering the largest media library of Filipino and
Indian titles, Mavshack is the obvious place for Asian entertainment in
local languages.

Mavshack is a Swedish company listed on NASDAQ First North under the ticker
MAV. Certified Adviser is Erik Penser Bankaktiebolag. More information
about the company is available at www.mavshack.se
.

Författare BEQ

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