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5th Planet Games A/S — M&A Activity 2017
Apr 17, 2017
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M&A Activity
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Completion of acquisition of game studio 10/2017
Completion of acquisition of game studio 10/2017
Announcement no. 10/2017
Copenhagen, 17. April 2017
Hugo Games A/S
Completion of acquisition of game studio
With reference to announcement no. 5 of 2 April 2017, Hugo Games
announces completion of the acquisition of game studio Fuzzy Frog
Ltd. (the "Transaction"). The final details of the Transaction
provides Hugo Games with a total ownership of 50.9% of the share
capital of Fuzzy Frog Ltd. against the issue of 4,479,895 new shares
as consideration (the "Consideration Shares").
See attached for further details.
Contact, for more information:
About Hugo Games
Hugo Games is a Nordic mobile games publisher and developer located
in Copenhagen. At Hugo Games we are passionate about games and we
are committed to making titles that will engage and bring genuine
joy to people for years. We have a consistent portfolio of games
globally available across a wide range of platforms including iOS,
Android, Windows, Amazon and Facebook. More information available at
www.hugogames.com