Oskar Mühlbach appointed President and CEO of Raketech

The Board of Directors of Raketech Group Holding P.L.C, a leading online affiliate and content marketing company, has appointed Oskar Mühlbach as the new President and CEO. Since April 2019, Oskar Mühlbach has held the role of Chief Operating Officer (COO).

Oskar Mühlbach has solid experience from some of the Nordic region's most successful brands in e-commerce, online casinos and sports betting. He has played a significant role in developing the company's strategy for future expansion together with the Board of Directors and the other members of the management team.

“Oskar has a clear vision of how Raketech will develop towards becoming a global partner to players in the iGaming industry. With his excellent skills in the company's core business, I am confident that we will ensure the right balance between organic development and expansion. As we now enter a new phase in the company's development, I am convinced that he is the right person to execute on our strategy and to lead the company through the challenges that we and the entire industry experienced in 2019," says Christian Lundberg, Chairman of the Board.

Michael Holmberg will leave Raketech and hand over the CEO's assignment to Oskar Mühlbach with immediate effect.

“Michael Holmberg has been a driving force in the transformation of a young and fast-growing company into one of the market's leading players in affiliate marketing. He has also been a leader in the process of preparing and taking the company public on Nasdaq First North Premier Growth Market. I am very grateful for his efforts and wish Michael the best of luck in his future career”, concludes Christian Lundberg.

For more information, please contact:
Christian Lundberg, Chairman of the Board
Tel: +46 70 344 58 07

Erik Skarp, Board Member
Tel: +356 996 73 240

This information is such that Raketech Group Holding P.L.C. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 20.00 CET on 11 December 2019.

About Raketech Group

Raketech is a leading online affiliate and content marketing company, with expertise in delivering comparison services for sports and gaming, online guides, communities and social media products in primarily the Nordic region and the UK. Through some 20 flagship brands, Raketech guides sports and gaming enthusiasts to the best possible services, while also delivering high-quality traffic and leads to its partners. Raketech grows both organically and via acquisitions and operates its business in accordance with a clear framework for responsible affiliate marketing services. The company’s shares are listed in Nasdaq First North Premier Growth Market with ticker RAKE. Erik Penser Bank AB is the company’s Certified Adviser ([email protected] / +46 8 463 83 00).  For more information, visit www.raketech.com.