5th Planet Games A/S — Capital/Financing Update 2020

Apr 22, 2020

17-2020 5th Planet Games – Conversion of convertible notes

17-2020 5th Planet Games – Conversion of convertible notes

COPENHAGEN, April 22, 2020: 5th Planet Games A/S (OAX: FIVEPG) has received a loan conversion notice from Formue Nord Fokus A/S requesting the conversion of total NOK 779,852 into shares of the outstanding NOK 7,132,000 convertibles notes issued in accordance with the Credit Facility agreement entered into with Formue Nord Fokus A/S on May 24, 2019 (see announcement 3/2019 and 15/2019).

Following the loan conversion, Formue Nord Fokus A/S has been granted 2.575.8008 shares at the conversion price of NOK 0.30 incl. a 10% discount. The granted shares have been provided by major shareholders in the company and no new shares nor voting rights have therefore been issued at present. The shares will however be issued at a later stage.

The total outstanding convertible notes amount to NOK 6,352,148.

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.