5th Planet Games A/S - Share Issue/Capital Change 2017

CEO subscribes for shares in the Rights Issue No. 20/2017

Announcement no. 20/2017

Copenhagen, 18 May 2017

CEO subscribes for shares in the Rights Issue

COPENHAGEN (May 18, 2017) Henrik Kølle, CEO in Hugo Games

A/S, has today through his wholly owned company Aula Holding

ApS subscribed 11,571,000 shares in the ongoing Rights Issue

in Hugo Games at a subscription price of NOK 0.63 per share.

The amount corresponds to Aula Holding's current ownership

(24.3%) of Hugo Games.

Aula Holding ApS has been allocated approximately 15,915,672

subscription rights and will receive minimum 11,571,000

shares in the Rights Issue.

Aula Holding ApS owns 12,089,658 shares in Hugo Games prior

to the Rights Issue and will own 23,660,658 shares after the

transaction.

Further, with reference to the prospectus dated 8 May 2017,

Aula Holding ApS is participating in the underwriting

consortium related to the Rights Issue for a total of NOK

12.5 million.

About Hugo Games

Hugo Games is a Nordic mobile games publisher and developer

located in Copenhagen and Nottingham, UK. 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.

For more information about the Licensing agreement and game

contact:

CEO in Hugo Games Henrik Kølle: +45 40285054 or IR-manager;

Peter Ekman: +45 20650012

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