President and CEO since 2022
Education and experience: Marcus studied Business and Economics at Stockholm University and has more than 15 years’ experience from leading positions in a listed environment, mainly in iGaming. He spent 8 years with Acroud AB (publ.), listed on Nasdaq First North Growth Market Premier, initially as CFO and then as President & CEO and member of the board. Marcus also has broad experience in M&A and finance, mainly in iGaming, FinTech and Online Media. He joined Fragbite Group as Deputy CEO and Head of M&A in 2021, before taking over as President & CEO in May 2022.
Holdings in Fragbite Group: Marcus owns 210 000 shares. He holds 150 000 warrants of series OP 2021/24, 300 000 warrants of series OP 2022/25 and 500 000 of series OP 2023/26.
Other appointments: Board member of Mentimeter AB (publ) and Baryton
CFO since 2021
Education and experience: Lars holds an MSc in Business and Economics from Stockholm School of Economics and has more than 30 years’ experience from leading roles and Board appointments at listed and unlisted companies in various industries. Lars runs his own consultancy and was most recently CFO of NetEnt AB. Prior to that he worked at Ratos AB, where he was Senior Investment Director and Acting CEO. Other previous positions include CFO of Swedavia, CFO/COO of TV4 Group AB, CFO/COO and Acting CEO of Orc Software AB. Lars also has extensive experience of M&A.
Holdings in Fragbite Group: Lars does not own shares. He holds 100,000 warrants of series OP 2022/2025.
Other appointments: Board member of the Swedish Maritime Administration, Visit Sweden AB, Plegium AB and AB Lars Johansson & söner.
CEO FunRock & Prey Studios (subsidiary) since 2016
Education and experience: Magdy holds an MSc in Entrepreneurship and Innovation Management from the Royal Institute of Technology, Stockholm, and a BSc in Computer Engineering from Pharos University in Alexandria. He is co-founder of FunRock and Fragbite Group and has approximately 15 years’ experience working in the technology industry, including the role of Marketing Manager at Truecaller. Magdy is an active angel investor and a mentor to several startups in Europe and the MENA region, and is a member of the Swedish Institute Network for Future Global Leaders. He is also co-founder of the recruitment company Söderhub
Holdings in Fragbite Group: Magdy owns 29,722 shares. He holds 137,500 warrants of series OP 2021/24 and 150,000 warrants of series OP 2022/25.
Other appointments: CEO and Deputy Board member of Söderhub AB
Abrial Da Costa
CEO Playdigious (subsidiary) since 2023
Education and experience: Abrial Da Costa has over 30 years experience in the gaming industry across development, distribution, publishing, marketing and sales. He has an entrepreneurial background, having founded several businesses, as well as experience in leading positions in roles such as VP Sales and Marketing for Microids and Chief Business Officer for Don’t Nod. An avid video game enthusiast and industry contributor, Abrial served on the board of the SNJV (French Association of Video Game Producers) in 2004-2005 and is currently a board member of Capital Games (Paris’ Video Game Studios Association). Since 2012, he has been working at the Institut de l’Internet et du Multimédia, teaching game distribution ecosystems to students in the Master in Video Game Production and MBA in Video Game Management programs.
Holdings in Fragbite Group: Abrial does not own shares or warrants.
Other appointments: Board member of Capital Games.
CEO Fragbite AB (subsidiary) since 2018
Education and experience: Daniel has a Bachelor’s degree in Business Administration and a Bachelor’s degree in Innovation technology from Mälardalen University. He has a long background in digital marketing/advertising with expertise in esports and gaming. Daniel previously worked as Sales Manager and Creative Project Manager for Nyheter24-Gruppen, the previous the owner of Fragbite. When Fragbite AB was incorporated in 2018, Daniel was appointed CEO.
Holding:s in Fragbite Group: Daniel owns 1,404,055 shares through companies. He holds 150,000 warrants of series OP 2021/2024 and 40 000 warrants of series OP 2022/25.
Other appointments: Board member of Pereaux Holding AB.