5th Planet Games A/S — Share Issue/Capital Change 2015

Jun 17, 2015

HUGO GAMES A/S SUCCESSFULLY COMPLETES APPLICATION PERIOD FOR IPO 17 June 2015

HUGO GAMES A/S SUCCESSFULLY COMPLETES APPLICATION PERIOD FOR IPO 17 June 2015

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR

INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN

OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE

WOULD BE UNLAWFUL

PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS STOCK

EXCHANGE NOTICE

HUGO GAMES A/S SUCCESSFULLY COMPLETES APPLICATION PERIOD FOR IPO

17 June 2015

Hugo Games A/S (“Hugo Games” or the “Company”) is pleased to

announce the successful completion of the application period for

the initial public offering of the shares in Hugo Games (the

“Offering”) on 16 June 2015.

The Offering was significantly over-subscribed and the Company

will issue 5,000,000 new shares at a price of NOK 11.00 per

share. After completion of the Offering and issuance of new

shares, there will be a total of 25,000,000 shares in the

Company, implying a market capitalization of approximately NOK

275 million.

Notifications of allotted shares and the corresponding amount to

be paid by investors are expected to be communicated to

investors on or about 18 June 2015. Timely payment of shares

must be completed within 22 June 2015. Registration of the new

shares at the Danish Business Authority is expected to take

place on or about 24 June 2015 and delivery of shares on or

about 25 June 2015. Trading of the shares on Oslo Axess is

expected to commence on or about 26 June 2015 under the ticker

symbol "HUGO", subject to Hugo Games fulfilling any conditions

for listing set by Oslo Børs on 17 June 2015.

Norne Securities AS is acting as Manager in connection with the

Offering.

Henrik Kølle

CEO and founder of Hugo Games A/S

www.hugogames.com

About Hugo:

Hugo Games A/S is a mobile gaming and licensing company located

in Copenhagen, Denmark. Hugo Games develops mobile games and

interactive cross-media entertainment content based on the

company’s intellectual property Hugo the Troll, as well as other

IP´s. Hugo Games will launch the character Hugo and other IP's

on the mobile gaming platform in 2015, mainly within the casual

gaming genre. The launch and focus of Hugo Games is global.

Important notice:

The contents of this announcement have been prepared by, and are

the sole responsibility of, the Company. The Company's financial

advisors are acting exclusively for the Company and no one else,

and will not be responsible to anyone other than the Company for

providing the protections afforded to their respective clients,

or for advice in relation to the Offering, the contents of this

announcement or any of the matters referred to herein. The

Offering and the distribution of this announcement and other

information in connection with the Offering may be restricted by

law in certain jurisdictions. The Company assumes no

responsibility in the event there is a violation by any person

of such restrictions. Persons into whose possession this

announcement or such other information should come are required

to inform themselves about, and to observe, any such

restrictions. This announcement may not be used for, or in

connection with, and does not constitute, any offer of

securities for sale in the United States or in any other

jurisdiction.

The Offering will not be made in any jurisdiction or in any

circumstances in which such offer or solicitation would be

unlawful. This announcement is not for distribution, directly or

indirectly in or into any jurisdiction in which it is unlawful

to make any such offer or solicitation to such person or where

prior registration or approval is required for that purpose. No

steps have been taken or will be taken relating to the Offering

in any jurisdiction outside of Norway or Denmark in which such

steps would be required. Neither the publication and/or delivery

of this announcement shall under any circumstances imply that

there has been no change in the affairs of the Company or that

the information contained herein is correct as of any date

subsequent to the earlier of the date hereof and any earlier

specified date with respect to such information.

This announcement does not constitute an offering circular or

prospectus in connection with an offering of securities of the

Company. Investors must neither accept any offer for, nor

acquire, any securities to which this document refers, unless

they do so on the basis of the information contained in the

prospectus made available by the Company only to qualified

persons in certain jurisdictions where an offer may be made (if

an offer is made). This announcement does not constitute an

offer to sell or the solicitation of an offer to buy or

subscribe for, any securities and cannot be relied on for any

investment contract or decision.

This information is subject to the disclosure requirements

pursuant to section 5-12 of the Norwegian Securities Trading

Act.