Board member subscribes for shares in the Rights Issue No. 23/2017

Announcement no. 23/2017
Copenhagen, 22 May 2017


Board member subscribes for shares in the Rights Issue

COPENHAGEN (May 22, 2017) Caspar Rose, board member in Hugo Games
A/S, has today subscribed 16,507 shares in the ongoing Rights Issue
in Hugo Games at a subscription price of NOK 0.63 per share.

Caspar Rose has been allocated approximately 16,507 subscription
rights and will receive 16,507 shares in the Rights Issue.

Caspar Rose owns 12,539 shares in Hugo Games prior to the Rights
Issue and will own 29,046 shares after the transaction.

About Hugo Games

Hugo Games is a Nordic mobile games publisher and developer located
in Copenhagen and Nottingham, UK. 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.

For more information:
CEO in Hugo Games Henrik Kølle: +45 40285054 or IR-manager; Peter
Ekman: +45 20650012