Not for release, publication, or distribution, directly orindirectly, in or into the United States of America, Australia, Canada,or Japan or in any other jurisdiction where to do so would be restrictedor prohibited by law.
The Management Board of Ten Square Games S.A. (the "Company")announces that on 19 January 2022, it was notified by the Company'sshareholders, Maciej Popowicz and Arkadiusz Pernal (the "Shareholders")(the "Notification"), that on 19 January 2022, theaccelerated book-building process directed at certain selected investorsmeeting specified criteria (the _quot;ABB_quot;) the purpose of whichwas the sale by the Shareholders of dematerialised ordinary bearershares in the Company (the _quot;Sale Shares_quot;) has been completed.
Pursuant to the Notification, as a result of the ABB:
1._#160;_#160;_#160;_#160;_#160;_#160;_#160;thesale price of one Sale Share was set at PLN315;and2._#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;the final number of the Sale Shares was set at438,107,which constitutes 6,0% of the shares in the share capital of the Companyand 6,0% of the total number of votes in the Company, out of which(a)_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;Maciej Popowicz will sell292,059SaleShares, representing4,0% of the shares in the Company'sshare capital and in the total number of votes in the Company, and
(b)_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;_#160;Arkadiusz Pernal will sell146,048SaleShares, representing no more than2,0% of the shares in theCompany's share capital and in the total number of votes in the Company.
Following the settlement of the sale transactions within the ABB, MaciejPopowicz will hold1,322,941shares in the Company,representing18,12% of the shares in the Company's sharecapital and in the total number of votes in the Company, and ArkadiuszPernal will hold661,552shares in the Company,representing9,06% of the shares in the Company's sharecapital and in the total number of votes in the Company.
The consortium placing the Sale Shares in ABB includes Dom MaklerskiBanku Handlowego S.A. and Citigroup Global Markets Europe AG as GlobalCoordinators.
This material does not constitute an advertisement within the meaningof Article 22 of Regulation (EU) 2017/1129 of the European Parliamentand of the Council of 14 June 2017 on the prospectus to be publishedwhen securities are offered to the public or admitted to trading on aregulated market, and repealing Directive 2003/71/EC.
Neither this material nor any part hereof is intended fordistribution, whether directly or indirectly, within the territory of orin the United States of America or other jurisdictions where suchdistribution, publication, or use may be subject to restrictions or maybe prohibited by law. The securities referred to in this material havenot been and will not be registered under the U.S. Securities Act, andmay only be offered or sold within the United States under an exemptionfrom, or in a transaction not subject to, the registration requirementsof the U.S. Securities Act.This material does not containor constitute or form part of any offer or invitation, or anysolicitation or recommendation of an offer, for securities, and under nocircumstances shall form the basis of a decision whether or not toinvest in the securities of the Company.