Limassol, Cyprus, Sept. 22, 2023 (GLOBE NEWSWIRE) — GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”) released its second Sustainability Report, with examples of the company’s strategic resilience in 2022 and committing to carbon neutrality by 2030 across its Scope 2 emissions.

The company’s approach to sustainability reflects its responsibility to the millions of players it serve worldwide. GDEV Sustainability Report demonstrates the commitment to positive impact for society, employees, and the environment, disclosing information based on SASB Standards. Furthermore, GDEV has made a commitment of becoming carbon neutral by 2030 across its Scope 2 emissions.

GDEV has also adopted a new Inclusion & Diversity policy, outlining GDEV’s and its studios’ approach to promoting and achieving equality, fairness, and respect for all employees, partners, and players worldwide.

Andrey Fadeev and Boris Gertsovskiy, co-founders of GDEV, jointly stated, “We have learned to be very adaptable in addressing external challenges by implementing deep, fundamental changes to our operating and corporate structures. This has not only helped us to navigate numerous geopolitical, macroeconomic, and industry-related difficulties but also to establish a solid foundation for GDEV’s commitment to future sustainable growth.”

Natasha Braginsky Mounier, Chairperson of the Board of Directors, said “GDEV’s sustainability report is our roadmap to continue enhancing our positive impact and growth mindset in an ever-changing world.”

GDEV’s Second Sustainability Report and Policies can be found in the Sustainability section on the company’s website: gdev.inc/sustainability.

About GDEV

GDEV is a gaming and entertainment company, focused on growing and enhancing its portfolio of studios. With a diverse range of subsidiaries, including Nexters, Cubic Games, Dragon Machines, and more, GDEV strives to create games that inspire and engage millions of players for many years. Its franchises, such as Hero Wars, Island Questaway, Pixel Gun 3D, Throne Rush and others have accumulated hundreds of millions of installs worldwide. For more information, please visit gdev.inc

Contacts
Investor Relations
Roman Safiyulin | Chief Corporate Development Officer
investor-at-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 2022 Annual Report on Form 20-F, filed by the Company on June 26, 2023, and other documents filed by the Company from time to time with the Securities and Exchange Commission. Should one or more of these risks oruncertainties 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.

Inspire Films Limited, a prominent Indian media production company, is set to launch an IPO comprising 35,98,000 shares at a price of Rs. 59 per share, with a face value of Rs. 10 each, amounting to a total of Rs. 21.22 crores. The minimum investment lot comprises 2,000 shares. The allocation of shares includes 10,24,000 shares for anchor investors, 6,82,000 shares for Qualified Institutional Buyers (QIBs), 5,14,000 shares for High-Net-Worth Individuals (HNIs), 11,98,000 shares for retail investors, and 1,80,000 shares for market makers. The anchor allocation is scheduled for September 22nd, with the IPO subscription window open from September 25th to 27th. Following the IPO, the company’s shares will be listed on the NSE Emerge platform on 9th of October 2023. Narnolia Financial Services Limited acts as the book running lead manager, while Maashitla Securities Private Limited serves as the registrar.

L to R: Tarun Tiwari – CFO Narnolia, Vipin Aggarwal – Director Narnolia, Yash A Patnaik – Director Inspire Films, Pankaj Pasi – Director Narnolia, Kameswar Das Subudhi – CFO Inspire Flims​

The IPO proceeds are aimed at achieving three critical objectives. Firstly, it intends to cater to the company’s working capital requirements, ensuring operational stability. Secondly, the funds raised will be directed toward general corporate purposes, facilitating strategic growth and development. Lastly, a portion of the proceeds will be allocated to cover the expenses related to the offering, ensuring a seamless and cost-effective process.

Inspire Films Limited is a prominent player in content creation and distribution, specializing in television and digital content across diverse broadcasting channels, digital platforms, and applications. The company’s comprehensive approach spans project financing, talent acquisition, location scouting, set design, budget management, and meticulous oversight of both production and post-production processes.

Inspire Films envisions a world where exceptional creative talents converge to craft timeless characters and unforgettable narratives. Their ultimate mission is to lead the industry in effectively conveying ideas through captivating content, transforming intricate concepts into clear and compelling stories that engage and inspire global audiences.

Operating on a B2B model, Inspire Films excels across three key business verticals. Firstly, it is deeply entrenched in television, creating content for esteemed linear broadcast channels such as Star Plus, Zee TV, Colors TV, Sony, and others, with a primary focus on the Hindi General Entertainment Channels (GEC) segment. Moreover, Inspire Films has earned a solid foothold in the digital content domain, collaborating with major Over-The-Top (OTT) platforms like Amazon Mini, Disney+ Hotstar, SonyLiv, MX Player, and Jio Cinema, delivering captivating content to digital audiences. Expanding their horizons further, Inspire leverages its content creation expertise to cater to regional languages, encompassing Tamil, Telugu, Marathi, Odia, and more. This diversified approach allows them to engage a wide spectrum of audiences, delivering quality content tailored to their preferences.

With a robust portfolio, Inspire Films has spearheaded numerous successful projects, including “Dear Ishq” for Disney+ Hotstar, “Tu Zakhm Hai” for MX Player, and a plethora of acclaimed shows like “Ek Veer Ki Ardaas Veera,” “Sadda Haq,” “Ishq Main Marjawan,” “Tere Ishq Main Ghaayal,” among others. Their commitment to delivering excellence in content creation firmly establishes their position as a noteworthy player in the ever-evolving world of entertainment.

In cooperation with Sperry Lee of Re/Max Specialists PV, 3730 Richmond Street is set to auction in October.

NEW YORK, NEW YORK, UNITED STATES, September 22, 2023 /EINPresswire.com/ — Transport your friends and family to The Roaring Twenties in this exquisite Tudor Revival estate. Listed for $25 million and will sell with no Reserve. Starting bids are expected between $2 million—$7 million. Listed on the National Historic Register, 3730 Richmond Street is set to auction in cooperation with Sperry Lee of Re/Max Specialists PV. Bidding is scheduled to open 12 October and will be available via Concierge Auctions’ online marketplace, conciergeauctions.com, allowing buyers to bid digitally from anywhere in the world.

Explore 3730 Richmond Street, a classic estate that has been the backdrop for six movies. Newly renovated with a focus on old-world craftsmanship, the property boasts a two-story foyer with bespoke millwork, and Arabesque and Gothic archways leading to glass windows. Host a gala in the third-floor ballroom, a pool party or barbecue overlooking the water, an intimate dinner party, or a long holiday weekend on the water.

“We are extremely pleased to be offering this property at auction with Concierge Auctions. This property is truly one of the finest homes on the water in Florida. 3730 Richmond Street is a new-home-in-an-old suit—the exterior is timeless, and the interior is newly renovated for any modern needs.” – John Hove, Seller

Though Jacksonville might be a l arge city, it maintains its laid-back feel with over 80,000 acres of public parkland, including the Timucuan Ecological and Historical Preserve, over 1000 miles of shoreline, and 22 miles of white sand beaches. Jacksonville also has booming arts, music, and sports scenes. Riverside Avondale is one of the oldest communities in the city, boasting walkable streets, historic charm, Cummer Museum of Art and Gardens, and boutique shopping, dining, and nightlife. Enjoy the oldest course in Jacksonville, Hyde Park Golf Club, only 10 minutes away. Take the boat on the St. Johns River to fish, explore Exchange Island, or cruise the many waterside cafes and restaurants. 3730 Richmond Street is an 18,749 square-foot mansion with six bedrooms and ten bathrooms, sitting on a 2.22 acre lot. The property was originally built in 1928 and has many details typical for this time period including multiple fireplaces, hardwood floors, built-ins and millwork, stained windows, and vaulted groove ceilings. The grand foyer showcases a wooden staircase and wainscotting. The chef’s kitchen features a large island with bar seating. A copper vent hood, built-in pot filler, and custom cabinetry are sure to impress a chef of any level. The primary sanctuary boasts a spa-like bath with separate vanities, a stand-alone tub, and walk-in shower.The property features a guest suite, sauna, entertainment room with a wet bar, wine cellar, and a swimming pool overlooking the water views. The property itself is 6 miles from Downtown Jacksonville, and 30 minutes from the beaches. Venture two hours to Orlando or Savannah.

3730 Richmond Street is available for showings weekends 1-4pm, or by appointment, in person or virtually.

As part of Concierge Auctions’ Key for Key^® giving program in partnership with Giveback Homes, the closing will result in the funding towards a new home built for a family in need.

Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details. For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +1.212.202.2940.

About Concierge Auctions

Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury auctions for clients. For Sotheby’s International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby’s Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 36 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key^® giving program in partnership with Giveback Homes™, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com.

Emily Roberts
Concierge Auctions
+1 212-202-2940
[email protected]