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5th Planet Games A/S M&A Activity 2017

Apr 17, 2017

8162_rns_2017-04-17_7c9625b8-b535-4f18-8851-4b1ae7357d5a.html

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:

[email protected]

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