Investors

Current report No. 27/2019 ESPI – Deciding to release the first game for the Nintendo Switch platform

November 14, 2019

Company:  CHERRYPICK GAMES S.A.

Subject: Deciding to release the first game for the Nintendo Switch platform

Legal basis: Article 70(1) of the Act on Public Offering – acquisition or disposal of a significant block of shares

Content: 

The Management Board of Cherrypick Games S.A. informs that on 14 November 2019 it received from Rockbridge Towarzystwo Funduszy Inwestycyjnych S.A. with its seat in Warsaw (“Society”), acting on behalf and for the benefit of the managed investment funds, a notice on exceeding the threshold specified in Article 69(1)(1) of the Act of 29 July 2005 on public offering and the conditions for introducing financial instruments to organised trading system and on public companies, with the following content:
“Rockbridge Towarzystwo Funduszy Inwestycyjnych S.A. with its registered office in Warsaw (the “Society”), acting on behalf and for the benefit of the managed investment funds (the “Funds”) pursuant to 69(1)(1) in connection with Article 87(1)(2)(a) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies (i.e. Journal of Laws 2018, item 51; the “Act”), hereby gives notice that the Funds have exceeded the threshold of 10% of the total number of votes at the general meeting of Cherrypick Games S.A. with its registered office in Warsaw (the “Company”).
The increase in the ownership of the total number of votes in the Company above 10% occurred as a result of the Funds’ transaction on 8 November 2019 to acquire 25 (in words: twenty-five) shares in the Company on the New Connect organised market, which represent 0.002% of the Company’s share capital and entitle the Funds to 25 (in words: twenty-five) votes at the Company’s General Meetings and represent 0.002% of the total number of votes in the Company (the “Transaction”).
The Transaction was settled on 13 November 2019. Prior to the Transaction, the Funds held a total of 135,913 (in words: one hundred and thirty-five thousand nine hundred and thirteen) shares in the Company, which represented 9.999% of the Company’s share capital, entitled to 135,913 (in words: one hundred and thirty-five thousand nine hundred and thirteen) votes at the Company’s General Meetings and represented 9.999% of the total number of votes in the Company.

After the conclusion and settlement of the Transaction the Funds hold a total of 135,938 (in words: one hundred and thirty-five thousand nine hundred and thirty-eight) shares in the Company, which constitute 0.002% of the Company’s share capital, entitle to 135,938 (in words: one hundred and thirty-five thousand nine hundred and thirty-eight) votes at the Company’s General Meetings, and represent 10.001% of the total number of votes in the Company.
In addition, the Society informs that:

1) the Funds do not have any subsidiaries that hold shares in the Company,

2) the Funds have not entered into any agreements with third parties as defined in Article 87(1)

(3)(c) of the Act, 3) the Funds do not have the right to vote from the Company’s shares in connection with the situations defined in Article 69(4)(7) and (8) of the Act.”