{"id":945209,"date":"2026-03-18T04:05:12","date_gmt":"2026-03-18T08:05:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\/"},"modified":"2026-03-18T04:05:12","modified_gmt":"2026-03-18T08:05:12","slug":"gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\/","title":{"rendered":"GDEV Founder, Chairman and Chief Executive Officer, Andrey Fadeev Increased Ownership Stake to 37%"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">LIMASSOL, Cyprus, March  18, 2026  (GLOBE NEWSWIRE) &#8212; <strong>GDEV Inc.<\/strong>\u00a0(Nasdaq: GDEV), an international gaming and entertainment company (\u201cGDEV\u201d or the \u201cCompany\u201d), today announced that Andrey Fadeev, Chief Executive Officer and Chairman of the Board of Directors, has notified the Company of his purchase of 2,730,384 GDEV ordinary shares from Boris Gertsovskiy, co-founder and former director of the Company, in a private transaction.<\/p>\n<p align=\"left\">Following the transaction, Mr. Fadeev beneficially owns 6,709,391 GDEV ordinary shares, representing 37.0% of the Company&#8217;s issued and outstanding shares as of December\u00a031, 2025. Mr. Gertsovskiy has divested himself of the entirety of his remaining shareholding in the Company. At the time of the transaction, Mr. Gertsovskiy did not hold any position of employment (including as a director or officer) at GDEV Inc.<\/p>\n<p align=\"left\">The transaction was conducted by Mr. Fadeev solely in a personal capacity and is not connected with his role as Chief Executive Officer and\/or Chairman of the Company. The Company was not a party to the transaction and did not act in concert with Mr. Fadeev in any manner in relation thereto.<\/p>\n<p align=\"left\">\n        <strong>About GDEV Inc.<\/strong>\n      <\/p>\n<p align=\"left\">GDEV is a gaming and entertainment holding company, focused on development and growth of its franchise portfolio across various genres and platforms. With a diverse range of subsidiaries including Nexters, Cubic Games, Royal Ark, Game Gears, Light Hour Games among others, GDEV strives to create games that will inspire and engage millions of players for years to come. Its franchises, such as Hero Wars, Island Hoppers, Pixel Gun 3D, Zombie Miner and others have accumulated over 550 million installs and $2.7 billion of bookings worldwide. For more information, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ElVebdehH7qCzoeXknY3GNJjXxV7WhkNDbRPh3HamNXkxRbw97JshU_W376DIzc3T5Yjrbhk9sVLnkk-xCR7rA==\" rel=\"nofollow\" target=\"_blank\">www.gdev.inc<\/a><\/p>\n<p align=\"left\">\n        <strong>Contacts:<\/strong>\n      <\/p>\n<p align=\"left\">Investor Relations<br \/>Roman Safiyulin | Chief Corporate Development Officer<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hRI9px3n8afrMlJjkkB6sN2ob90oUYjst9k2WYXlGEsSiBR741Qky_iz_ILqoVCoFnLJaSFXS2DtfEhkthpbQykksbYEljASeNdV0fg_omQ=\" rel=\"nofollow\" target=\"_blank\">investor@gdev.inc<\/a>\u00a0<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY3NDI4NCM3NDkwMjY3IzIyNjE1MzA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/N2M0NWQ2ODgtYmVlOC00MTU3LThiNDctM2Q5ZTQzNTA4MzdlLTEyNzMwODAtMjAyNi0wMy0xOC1lbg==\/tiny\/GDEV-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LIMASSOL, Cyprus, March 18, 2026 (GLOBE NEWSWIRE) &#8212; GDEV Inc.\u00a0(Nasdaq: GDEV), an international gaming and entertainment company (\u201cGDEV\u201d or the \u201cCompany\u201d), today announced that Andrey Fadeev, Chief Executive Officer and Chairman of the Board of Directors, has notified the Company of his purchase of 2,730,384 GDEV ordinary shares from Boris Gertsovskiy, co-founder and former director of the Company, in a private transaction. Following the transaction, Mr. Fadeev beneficially owns 6,709,391 GDEV ordinary shares, representing 37.0% of the Company&#8217;s issued and outstanding shares as of December\u00a031, 2025. Mr. Gertsovskiy has divested himself of the entirety of his remaining shareholding in the Company. At the time of the transaction, Mr. Gertsovskiy did not hold any position of employment (including as a director &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GDEV Founder, Chairman and Chief Executive Officer, Andrey Fadeev Increased Ownership Stake to 37%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-945209","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GDEV Founder, Chairman and Chief Executive Officer, Andrey Fadeev Increased Ownership Stake to 37% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDEV Founder, Chairman and Chief Executive Officer, Andrey Fadeev Increased Ownership Stake to 37% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LIMASSOL, Cyprus, March 18, 2026 (GLOBE NEWSWIRE) &#8212; GDEV Inc.\u00a0(Nasdaq: GDEV), an international gaming and entertainment company (\u201cGDEV\u201d or the \u201cCompany\u201d), today announced that Andrey Fadeev, Chief Executive Officer and Chairman of the Board of Directors, has notified the Company of his purchase of 2,730,384 GDEV ordinary shares from Boris Gertsovskiy, co-founder and former director of the Company, in a private transaction. Following the transaction, Mr. Fadeev beneficially owns 6,709,391 GDEV ordinary shares, representing 37.0% of the Company&#8217;s issued and outstanding shares as of December\u00a031, 2025. Mr. Gertsovskiy has divested himself of the entirety of his remaining shareholding in the Company. At the time of the transaction, Mr. Gertsovskiy did not hold any position of employment (including as a director &hellip; Continue reading &quot;GDEV Founder, Chairman and Chief Executive Officer, Andrey Fadeev Increased Ownership Stake to 37%&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-18T08:05:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY3NDI4NCM3NDkwMjY3IzIyNjE1MzA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GDEV Founder, Chairman and Chief Executive Officer, Andrey Fadeev Increased Ownership Stake to 37%\",\"datePublished\":\"2026-03-18T08:05:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\\\/\"},\"wordCount\":292,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY3NDI4NCM3NDkwMjY3IzIyNjE1MzA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gdev-founder-chairman-and-chief-executive-officer-andrey-fadeev-increased-ownership-stake-to-37\\\/\",\"name\":\"GDEV Founder, Chairman and Chief Executive Officer, Andrey Fadeev Increased Ownership Stake to 37% - 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Following the transaction, Mr. Fadeev beneficially owns 6,709,391 GDEV ordinary shares, representing 37.0% of the Company&#8217;s issued and outstanding shares as of December\u00a031, 2025. Mr. Gertsovskiy has divested himself of the entirety of his remaining shareholding in the Company. 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