15.3.2022 15:00:00 CET | Play Magnus AS | Non-regulatory press releases
(Oslo, 15 March 2022) – The Meltwater Champions Chess Tour is horrified by the Russian invasion of Ukraine. The fastest growing humanitarian crisis in Europe since the Second World War is unfolding due to Russia’s military actions. Millions of civilians are affected, and children in particular are being profoundly traumatized by the violence around them.
In response to the ongoing situation, the next tournament in the Meltwater Champions Chess Tour will be named the Charity Cup. It will also serve as a fundraiser for UNICEF. UNICEF provides life-saving support for children and their families in and around Ukraine, and the Tour wholeheartedly supports their humanitarian work.
“As a global organization serving millions of chess fans around the world, we are humbled to be in a position to organize our upcoming tournament, the Charity Cup, as a fundraiser for UNICEF to support their vital humanitarian activities in and around Ukraine,” said Andreas Thome, CEO Play Magnus Group.
Play Magnus Group believes that sports, and chess in particular, can play a significant role in offering unity by bringing people to the table, physically, virtually, and metaphorically. Still, based on the situation in Ukraine, after careful consideration the Tour has decided not to include any Russian players for the tournament starting on March 19.
Disclosure regulation
This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 17 no. 1 and section 5-12 of the Norwegian Securities Trading Act, and was submitted for publication by Arkus Fredriksson, Chief Strategy Officer of Play Magnus Group.
Contacts
Arne Horvei, Tour Director, Play Magnus Group, arne@playmagnus.com
About Play Magnus AS
Play Magnus Group is a global leader in the chess industry focused on providing premier digital experiences for millions of chess players and students. The company offers elearning and entertainment services via its market leading brands: chess24, Chessable, iChess, New In Chess, Everyman Chess, Silver Knights, CoChess, Aimchess, the Play Magnus App Suite, and the Meltwater Champions Chess Tour. The Group’s mission is to grow chess to make the world a smarter place by encouraging more people to play, watch, study, and earn a living from chess.
Play Magnus Group is listed on Euronext Growth Oslo under the ticker PMG. For more information visit pmg.me.
Attachments
Download announcement as PDF.pdf
