Person subject to the notification requirement

Name:                          Oy AjoRanta Group Ab
Position:                                  Closely associated person

Person discharging managerial responsibilities in issuer

Name:                          Nikkola, Matti

Position:                                  Chief Financial Officer

Notification type:                    Initial notification
Issuer Name:                            Nitro Games Oyj
LEI:                             743700XPEJZPMWDULF59

Transaction details

Transaction date:                     2020-02-28

Venue:                          First North Sweden (FNSE)
Nature of transaction:              Borrowing
Instrument:                              Share
ISIN:                            FI4000242961
Volume:                                   25 000
Unit price:                               0

Aggregated transactions

Volume:                                   25 000
Volume weighted average price:            0

For more information:

Jussi Tähtinen, CEO & Co-Founder

Phone: +358 44 388 1071



Sverker Littorin, Board member, IR Advisor

Phone: +46 70 875 53 09


Nitro Games in brief:

Nitro Games is a free-to-play mobile game developer and publisher making games for the mid-core user segment. The Company focuses on producing competitive multiplayer games with high production value and high revenue potential for smartphones and tablets. With Nitro Games’ powerful NG Platform and NG MVP-process, the Company is able to do market validation during the development to ensure high product quality. Nitro Games has developed games such as Heroes of Warland, Medals of War, Raids of Glory, East India Company, Commander: Conquest of the Americas, Pirates of Black Cove. Nitro Games’ shares are listed on Nasdaq First North Growth Market in Stockholm with the ticker NITRO. The Certified Adviser is Augment Partners AB,, +46 8-505 65 172.



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