Reference is made to previous announcement by 5th Planet Games A/S ("FIVEPG" or the "Company", OSE ticker code "FIVEPG") on 23 July 2020 regarding the preliminary result of the rights issue raising gross proceeds of NOK 35 – 45 million through issuance of new shares at a subscription price of NOK 1.00 per share (the "Rights Issue").
The subscription period for the Rights Issue expired 23 July 2020 at 16:30 hours (CEST) and the company received subscriptions for approximately 83 million shares in the Rights Issue. Hence, the maximum number of 45,000,000 Offer Shares will be issued.
The allocation of the Offer Shares in the Rights Issue has today been completed based on the allocation criteria set out in the Company's prospectus dated 3 July 2020.
Notification of allotted Offer Shares in the Rights Issue and the corresponding amount to be paid by each subscriber will be set out in a separate letter to each subscriber, which is expected to be issued during the course of today, 24 July 2020. The deadline for payment for the Offer Shares is 28 July 2020 in accordance with the payment instructions set out in the Prospectus.
The Offer Shares may not be transferred or traded until they are fully paid and the share capital increase related to the Rights Issue has been registered with Danish Register of Business Enterprises. The share capital increase is expected to be registered on or about 3 August 2020. The Offer Shares are expected to be delivered to the subscribers' respective VPS accounts on or about the same day, and be tradeable on the Oslo Stock Exchange on or about 4 August 2020.
Following the issuance of the Offer Shares, the Company's share capital will be DKK 5,315,910.50, divided into 106,318,210 shares, each with a nominal value of DKK 0.05.
Norne Securities AS acted as Manager for the Rights Issue.
THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (INCLUDING ITS TERRITORIES ANDPOSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA). THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT"), OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OF, U.S. PERSONS (AS SUCH TERM IS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT), EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF, THE U.S. SECURITIES ACT. ALL OFFERS AND SALES OUTSIDE THE UNITED STATES WILL BE MADE IN RELIANCE ON REGULATION S UNDER THE U.S. SECURITIES ACT. NO PUBLIC OFFERING OF SECURITIES IS BEING MADE IN THE UNITED STATES.
About 5th Planet Games: About 5th Planet Games: 5th Planet Games is a mobile games developer and publisher located in Copenhagen and Berlin. We cooperate with strong IP´s as the Adventures of Tintin and premium sports brands as Cristiano Ronaldo and Nyjah Huston. We are proud to expand the world of the Vikings TV series, the legendary game Doodle Jump and our own IP Hugo.
For more information, see www.5thplanetgames.com or contact CEO Henrik Nielsen +45 27 200 200.