Yuri Milner to invest $10 million in PMG

The Russian-Israeli tech investor and billionaire Yuri Milner offers to buy $10 million worth of shares in Play Magnus Group at the average prize of the last 90 trading days NOK 18,49, which is driving up the share prize that was near its all-time low at NOK 13,50 when trading closed on Tuesday. An extraordinary shareholder meeting is called for 19 January to decide on this private placement. Milner is a personal friend of Magnus Carlsen and has sponsored the Meltwater Champions Chess Tour through its Breakthrough Foundation.