King Digital Entertainment Files IPO - Quick Facts

(RTTNews) - King Digital Entertainment plc announced an initial public offering of ordinary shares with maximum aggregate offering price of $500 million. King Digital Entertainment intends to apply to list its ordinary shares on the New York Stock Exchange under the symbol, KING. The company noted that it will not receive any proceeds from the sale of the shares by the selling shareholders.

King Digital Entertainment is an interactive entertainment company for the mobile world. The company's leading games include Candy Crush Saga, Pet Rescue Saga, Farm Heroes Saga, Papa Pear Saga and Bubble Witch Saga. The company believes Candy Crush Saga, its top title to date, is one of the largest interactive entertainment franchises of all time.