Current report No. 8/2022 – Ten Square Games – one of the biggest mobile games development companies in Poland

Reports.

Current

Current report No. 8/2022 .

25 January 2022

The Management Board of Ten Square Games S.A. with its registered office in Wrocław (the “Company” or the “Issuer”) hereby publishes a correction to Current Report No. 8/2022 dated January 24, 2022.
The correction concerns the number of own shares purchased by the Company on 24 January 2022, as a result of a brokerage order placed through Ipopema Securities S.A., and consequently also the average price of the purchased shares, the percentage share of those shares in the Issuer’s share capital and the total number of votes at the Issuer’s General Meeting, as well as the total number of own shares held by the Issuer as at 24 January 2022.
The reason for the correction is the fact that the confirmation of transactions received by the Company on 24 January 2022 (with the number of shares and average purchase price) did not include transactions concluded at the closing of the session (so-called fixing).
The correct content of the report is given below:
“With reference to the information provided in Current Report No. 5/2022 of 20 January 2022, the Company announces that as a result of a brokerage order placed through Ipopema Securities S.A., 8,491 of the Issuer’s own shares were purchased for the Company’s account on 24 January 2022 at an average price of PLN 285.53 per share. The purchased shares constitute 0.12% of the Issuer’s share capital and entitle to 8 491 votes at the Issuer’s General Meeting, which constitute 0.12% of the total number of votes at the Issuer’s General Meeting.
As a result of the transaction the Issuer holds in total 20,479 own shares corresponding to 20,479 votes at the General Meeting of Shareholders of the Company, representing 0.28% of its share capital and votes at the General Meeting of Shareholders of the Company.
The shares were purchased as part of the Company’s own share buy-back program launched under the resolution of the Issuer’s Management Board of 20 January 2022 on commencing the buy-back of the Company’s own shares and detailed conditions and procedures for the first tranche of the buy-back of the Company’s own shares, adopted in execution of Resolution No. 7 of the Ordinary General Meeting of Shareholders of 23 June 2021 regarding authorization of the Management Board to purchase, in the name and on behalf of the Company, the Company’s own shares and determining the principles for purchasing the Company’s own shares and creating the reserve capital.
The shares acquired as part of the transaction may be (i) redeemed (voluntary redemption), (ii) exchanged for shares in the course of the Company’s acquisitions (iii) disposed of by the Company’s Management Board in any other manner permitted by law, taking into account the needs of the Company’s operations.