Storytel is a digital platform provider as well as a comprehensive publishing group for both content creators and users allowing the company to bring together technology and publishing. The company offers audiobooks in a variety of languages, including some in English, as well as unlimited library access for a fixed monthly price.
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Latest Storytel News
Nov 28, 2022
Storytel Mon, Nov 28, 2022 13:00 CET The Extraordinary General Meeting ("EGM") of Storytel AB (publ) ("Storytel" or the "Company") was held today on 28 November 2022, where the following resolutions were passed by the shareholders. The EGM was carried out through postal voting only, without physical presence. Approval of the Board’s resolution to issue shares The EGM approved the Board of Directors’ resolution dated 9 November 2022 on a directed issue of class B-shares. The new issue comprises 1,204,330 class B-shares which were issued at a subscription price of SEK 45.50 to EQT Public Value Investment Sàrl, Roxette Photo NV and Otava Ltd. The share capital will increase with SEK 602,165.00 through the share issue. For more information regarding the share issue, please see the press releases from 9 November 2022. Authorisation for the board to issue shares, convertibles and/or warrants The EGM resolved, in accordance with the Board of Directors' proposal, to authorize the Board of Directors until the next AGM, on one or more occasions, with or without preferential rights for shareholders, to issue in total a maximum of shares, regardless of share class, warrants and/or convertibles, with the right to subscribe and convert to the respective share class in the Company, corresponding to not more than 10 percent of the share capital of the Company based on the number of shares at the time when the authorization is used for the first time. The purpose of the authorization and the reason for a deviation from the shareholders preferential rights is to be able to carry out acquisitions. FNCA Sweden AB is the company’s certified adviser. For more information, please contact: Andreas Lindblom, Head of Investor Relations Tel: +46 72 506 14 22 Tel: +46 70 186 52 90 About Storytel Storytel is one of the world’s largest audiobook and e-book streaming services and offers more than one million titles on a global scale. Our vision is to make the world a more empathetic and creative place, with great stories to be shared and enjoyed by anyone, anywhere and anytime. The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and Audiobooks.com. The publishing business is managed by Storytel Books, and by the audiobook publisher StorySide. The Storytel Group operates in over 25 markets. The headquarters is located in Stockholm, Sweden.
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Storytel Frequently Asked Questions (FAQ)
When was Storytel founded?
Storytel was founded in 2005.
Where is Storytel's headquarters?
Storytel's headquarters is located at Tryckerigatan 4, Stockholm.
What is Storytel's latest funding round?
Storytel's latest funding round is PIPE - III.
Who are the investors of Storytel?
Investors of Storytel include EQT Partners, Vitruvian Partners, Skandia, Swedbank Robur, TIN Fonder and 5 more.
Who are Storytel's competitors?
Competitors of Storytel include Podimo and 3 more.
Compare Storytel to Competitors
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