Investors
Current report No. 7/2020 ESPI – Conclusion of a publishing agreement with Huuuge Global Ltd
June 29, 2020
Company: CHERRYPICK GAMES S.A.
Subject: Conclusion of a publishing agreement with Huuuge Global Ltd
Legal basis: Article 17(1) MAR – confidential information.
Content:
The Management Board of Cherrypick Games S.A. (the “Company”) announces that on 26 June 2020, a publishing agreement was entered into between the Company and Huuuge Global Ltd, based in Larnaca, Cyprus (“Huuuge Global”) (the “Agreement”).Under the Agreement, Huuuge Global has agreed to make available and promote on platforms such as iOS, Android, Facebook and Amazon the game Solitaire: Wildlife Adventures published by the Company. Under the terms of the agreement, the Company granted Huuuge Global an exclusive international licence to publish, commercially distribute and develop and operate the game, with the right to sub-licence the game under the terms of the agreement.The parties agreed on revenue sharing rules typical of similar agreements.The agreement was concluded for one year, with the possibility of automatic renewal for further periods covering one year. The parties have agreed an effective start date of 24 June 2020.Huuuge Global is an international games developer and publisher focused on the rapidly growing multi-billion dollar mobile games market. Aiming to become the global leader in the category of real-time free-to-play casual games (for occasional players), Huuuge is redefining this category of games by providing players with engaging and inclusive experiences that give maximum enjoyment and entertainment to billions of gamers worldwide.