Devolver Digital proposes privatisation; shareholder vote Sept 8, 2026
Key takeaways
- Proposal sent to shareholders on August 6, 2026
- Shareholder vote set for September 8, 2026; 75% approval required
- Planned AIM delisting date: September 16, 2026
- Current market cap £39.59m (≈ $53m)
Devolver Digital has submitted a proposal to shareholders on August 6 to take the indie publisher private and stop trading on the London Stock Exchange’s AIM market. A general meeting is scheduled for September 8, 2026, where shareholders will vote; approval requires at least 75% of votes cast. If passed, Devolver plans to be delisted from AIM on September 16, 2026.
The company told PocketGamer.biz that "Devolver and its board are seeking shareholder approval to delist believing becoming a private company is in the best interests of Devolver, its employees, its partners, and its Shareholders as a whole." The spokesperson added the idea is for finance, legal, and executive teams to focus on "the long-term health of the company and less on satisfying the requirements of the public market." The filing to shareholders and the quoted comment are both part of the paperwork submitted on August 6.
Devolver first listed publicly in November 2021 with a valuation near $950 million and hit a peak in January 2022. Since then the share price has fallen; at the time of writing the publisher’s market cap sits at £39.59 million (about $53 million). The company’s published catalogue named in the source includes Reigns: The Witcher, Enter the Gungeon, The Talos Principle 2, Cult of the Lamb, and Poinpy.
Why it matters
Takeaway: if shareholders approve the September 8 vote, Devolver expects to leave AIM on September 16, 2026 — a concrete timetable that moves the company from public reporting rhythms back into private hands, with the finance and executive teams specifically named as beneficiaries in the company’s statement.
Original source
PocketGamer.biz