Reports.

27 August 2019

Registration of amendments to Ten Square Games S.A. Articles of Association

Legal basis: Article 56, section 1, item 2 of the Act on Public Offering – current and periodic information

Content of the report: 

The Management Board of Ten Square Games S.A. with its registered office in Wrocław (“Company”) informs that on 07.08.2019 it was notified that the District Court for Wrocław-Fabryczna in Wrocław, 6th Commercial Division of the National Court Register registered the amendments to the Company’s Articles of Association adopted by the Management Board of the Company by way of resolution no. 1 of 12 June 2019 on increasing the share capital within the limits of target capital.

The changes were registered by the Court on 24.07.2019.

The Company’s share capital was increased by PLN 1,624.50 in words: one thousand six hundred and twenty-four zlotys and fifty groszy and after registration of the amendments to the Company’s Articles of Association it amounts to PLN: 724,124.50 PLN seven hundred and twenty-four thousand one hundred and twenty-four zlotys and fifty groszy and is divided into:

1. 7,225,000 seven million two hundred and twenty-five thousand A series ordinary bearer shares with a nominal value of PLN 0.10 each, giving the right to exercise 7,225, 000 seven million two hundred and twenty-five thousand votes at the General Meeting;
2. 16,245 sixteen thousand two hundred and forty-five ordinary bearer shares of series B with a nominal value of PLN 0.10 each, entitling to exercise 16,245 sixteen thousand two hundred and forty-five votes at the General Meeting.

Total number of votes from all issued shares: 7,241,245 in words: seven million two hundred and forty-one thousand two hundred and forty-five.

The amount of the target capital remaining to be acquired: PLN 8,560.50 eight thousand five hundred and sixty zlotys and fifty groszy.

The increase in the share capital is related to the implementation of the incentive scheme for 2018-2020 adopted by the General Meeting of Shareholders. The indicated increase concerns the first period of the incentive scheme’s validity, i.e. the period from 1 January 2018 to 31 December 2018. The shares were acquired by more than a dozen persons, who were considered to be of key importance for the Issuer’s capital group operations. The shares are documented until they dematerialize in connection with the application for their admission and introduction to trading on the regulated market operated by the Warsaw Stock Exchange S.A. The shares of this pool are subject to a ban on the sale (the so-called lock-up) until 01.07.2020.

Content of amended § 6 of the Company’s Articles of Association:

§6

The share capital of the Company amounts to PLN 724,124.50 in words: seven hundred and twenty-four thousand one hundred and twenty-four zlotys and fifty groszy and is divided into:

1. 7,225,000 seven million two hundred and twenty-five thousand ordinary bearer shares of series A with a nominal value of 0,10 PLN ten groszy each;
2. 16,245 sixteen thousand two hundred and forty-five ordinary bearer shares of series B with a nominal value of PLN 0.10 each, in words: ten groszy.

Attached hereto, the Management Board of the Company publishes the uniform text of the Articles of Association.

Appendices:

TSG_statut_tekst_jednolity.pdf