COPENHAGEN, March 12th, 2019: In accordance with 5th Planet Games A/S’, business registration no. 33 59 71 42 (the “Company”) articles of association Section 5, the Board of Directors hereby gives notice of an extraordinary general meeting in the Company to be held on: 3 April 2019 at 2.00 p.m.
As previously communicated, the focus of the extraordinary general meeting is to ensure that the Company has the means necessary to execute on potential acquisition targets within the gaming industry and to draw the strategic capital provided by Formue Nord. As well as to ensure that the Company has an adequate pool of instruments available to create attractive incentive models for individuals and/or companies supporting the Company on executing on the new strategy of strategic acquisitions, as previously communicated in announcement 02-2019 and 03-2019. In addition, further details on the on agreement with Formue Nord will be outlined.
The extraordinary general meeting will be held at the Company’s offices at Gothersgade 11, 1123 Copenhagen, Denmark, with the following agenda:
1)Proposal to grant the Board of Directors a new authorization to issue convertible notes with the right to subscribe for up to nominally DKK 15,000,000 new shares (new section 2.8 of the articles of association)
2)Amendment of the authorization to the Board of Directors to increase the share capital (section 2.5 of the articles of association) by increase of the total nominal amount with additional 25,000,000 from nominal DKK 10,000,000 to nominal DKK 35,000,000.
3)Amendment of the authorization to the Board of Directors to issue warrants (section 2.2 of the articles of association) by increase of the total nominal amount with an additional 7,000,000 from nominal DKK 6,000,000 to nominal DKK 13,000,000.
4)If the proposal under item 3. on the agenda is not passed, the proposal is to grant the Board of Directors a new authorization to issue warrants with the right to subscribe for up to a total of nominal DKK 7,000,000 shares on different terms than under section 2.2 of the articles of association (new section 2.9 of the articles of association).
5)Any other business.
At the time of notice for the extraordinary general meeting at 5th Planet Games A/S the share capital of the Company is nominal DKK 21,762,285.50 divided into 43,524,571 shares of DKK 0.50.
Attached to this announcement is the complete Notice convening the Extraordinary General Meeting as well as an Appendix containing the signed Letter of Intent with Formue Nord
About 5th Planet Games: 5th Planet Games (OMX: FIVEPG) is a mobile games developer and publisher located in Copenhagen, Rocklin, Berlin and Nottingham. We cooperate with premium sports brands as FC Barcelona, Liverpool FC, Paris St. Germain and Cristiano Ronaldo. We are proud to expand the world of the TV series Vikings and thrilled to produce sequels to the legendary games Doodle Jump and Dawn of the Dragons. For more information see www.5thplanetgames.com or contact CEO Henrik Nielsen +45 27 200 200