Annual Report 2018/19

Note 14 - Holdings and investments in subsidiaries

NameCountry of registration and operationBusiness activityProportion of ordinary shares owned directly by the parent company (%)

MAG Games Ltd (formerly Delinquent Interactive Ltd)

FEO Media ABSwedenDevelopment100
MAG United ABSwedenWarrants100

MAG Games Ltd, FEO Media AB and MAG United AB are consolidated into the Group. The proportion of voting rights in subsidiaries which is owned directly by the parent company, does not differ from the proportion of ordinary shares owned.