Fantasy sports solutions provider Scout Gaming Group is targeting an initial public offering of its shares on Stockholm's Nasdaq First North stock exchange.

Scout Gaming is to offer Swedish and professional investors the chance to buy a tranche of 2,608,696 newly-issued shares, increasing the number of shares in the business by 26.7 per cent. These will be offered at a subscription price of SEK23 per share, valuing the company at SEK225m.

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