Investors

Current report No. 21/2019 ESPI – Receipt of notification of change in shareholding in the Company

September 6, 2019

Company:  CHERRYPICK GAMES S.A.

Subject: Receipt of notification of change in shareholding in the Company.

Legal basis: Art. 70 pkt 1 Ustawy o ofercie – nabycie lub zbycie znacznego pakietu akcji.

Content: 

The Management Board of Cherrypick Games S.A. announces that on 6 September 2019 it received from Mr Marcin Kwasnica, a notification on exceeding the threshold specified in Article 69(2)(2) of the Act of 29 July 2005 on public offering and the conditions for introducing financial instruments to organised trading and on public companies, with the following content:

“In performance of the obligation set out in Article 69(2)(2) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies, “the Public Offering Act”, I hereby give notice of a change in my current share of the total number of votes in Cherrypick Games S.A.

1. Date and type of event causing the change in the shareholding to which the notification relates: The change in the shareholding previously held by me in excess of 33% of the total number of votes above 1% of the total number of votes in the Company occurred as a result of the subscription to an increase in the Company’s share capital registered by the District Court for the City of Warsaw in Warsaw, 13th Commercial Division of the National Court Register on 4 September 2019, carried out on the basis of Resolution No. 15 of the Company’s Ordinary General Meeting of 24 June 2019 on increasing the Company’s share capital by way of private subscription of series D shares with deprivation of pre-emptive rights of existing shareholders and on amending the Company’s Articles of Association and applying for admission and introduction of series D shares to trading on the regulated market operated by the Warsaw Stock Exchange and dematerialisation of series D shares.

2. Number of shares held prior to the change in shareholding and their percentage share in the company’s share capital, as well as the number of votes attached to these shares and their percentage share in the total number of votes: Prior to the change in shareholding, I held 510,346 shares in the Company representing 40.14% of the Company’s share capital and entitling to 510,346 votes at the Company’s general meeting, which accounted for 40.14% of the total number of votes.

3. Number of shares currently held and their percentage share in the Company’s share capital and number of votes attached to these shares and their percentage share in the total number of votes: I currently hold 566,696 shares in the Company representing 41.69% of the Company’s share capital and entitling to 566,696 votes at the Company’s general meeting, which represents 41.69% of the total number of votes.

4. Subsidiaries of the notifying shareholder holding shares in the company: Not applicable – I have no subsidiaries holding shares in the Company.

5. Persons referred to in Article 87(1)(3)(c) of the Act on Public Offering: Not applicable.

6. Number of votes attached to shares, calculated in the manner referred to in Article 69b(2), which the holder of financial instruments referred to in Article 69b(1)(1) and financial instruments referred to in Article 69b(1)(2) who are not exercised exclusively through cash settlement, the type or name of such financial instruments, their date of expiry and the date or date on which the acquisition of the shares will or may take place: Not applicable.

7. Number of votes attached to shares, calculated as referred to in Article 69b(3), to which the financial instruments referred to in Article 69b(1)(2) relate directly or indirectly, the type or name of these financial instruments and the date of expiry of these financial instruments: Not applicable.

8. The total sum of the number of votes indicated pursuant to items 2, 6 and 7 and its percentage share in the total number of votes: 510,346 votes and 40.14% of the total number of votes.”

Disclaimer: This English language translation has been prepared solely for the convenience of English-speaking readers. Despite all the efforts devoted to this translation, certain discrepancies, omissions or approximations may exist. In case of any differences between the Polish and the English versions, the Polish version shall prevail.