Chairman subscribes for shares in the Rights Issue. No.36-2016

Copenhagen, June 30, 2016

Chairman Bertel David Maigaard has today through his related
company Maigaard & Molbech ApS subscribed 166,666 shares in
the ongoing Rights Issue in Hugo Games at a subscription
price of NOK 1.50 per share.
Bertel David Maigaard, Maigaard & Molbech ApS or other
related parties do not currently own shares in the company.
Depending on the total subscription of shares in the rights
issue, Maigaard & Molbech ApS may be allocated up to 166,666
shares based on the subscription for shares without
subscription rights.

Hugo Games
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About Hugo Games

Hugo Games is a Nordic mobile games publisher and developer
located in Copenhagen. At Hugo Games we are passionate about
games and we are committed to making titles that will engage
and bring genuine joy to people for years. We have a
consistent portfolio of games globally available across a
wide range of platforms including iOS, Android, Windows,
Amazon and Facebook.

More information available at www.hugogames.com