Brief: CI Games Signs Agreement With Active Ownership Fund Regarding M Series Shares

CI Games SE

22/04/2024 07:00

April 22 (Reuters) - CI Games SA  CIG.WA :
    * SAID ON FRIDAY THAT IT HAS SIGNED A CONDITIONAL AGREEMENT
WITH
SHAREHOLDER ACTIVE OWNERSHIP FUND (AOF) REGARDING SUBSCRIPTION
OF M SERIES SHARES
    * UNDER AGREEMENT AOF AGREED TO ACQUIRE M SERIES SHARES FOR
A
TOTAL OF EUR 6.0 MILLION
    * AGREEMENT WITH AOF SIGNED UNDER CONDITION OF COMPLETION OF
THE
BOOK-BUILDING PROCESS IN ACCORDANCE WITH THE SUBSCRIPTION RULES
AND CONCLUSION BY APRIL 26 OF A PRICING AGREEMENT INCLUDING A
FINAL SUBSCRIPTION PRICE SATISFACTORY TO AOF, BUT NOT HIGHER
THAN 1.80 ZLOTY PER SHARE
    * ADDITIONALLY, IN ACCORDANCE WITH THE AGREEMENT, COMPANY
OBLIGED
TO SUBMIT A REQUEST FOR EARLY REDEMPTION OF THE F SERIES BONDS
ACQUIRED BY AOF
    * EARLY REDEMPTION OF BONDS WILL TAKE PLACE UNDER CONDITION
OF
REGISTRATION OF THE COMPANY'S SHARE CAPITAL INCREASE
    * SUBJECT TO CONCLUSION OF THE PRICE AGREEMENT, AOF HAS ALSO
AGREED TO A LOCK-UP DECLARATION FOR SUBSCRIBED M SERIES SHARES
IN ACCORDANCE WITH THE SUBSCRIPTION RULES, WHICH WILL BE
EFFECTIVE FOR A PERIOD OF 6 MONTHS FROM DATE OF REGISTRATION OF
THE SHARE CAPITAL INCREASE

        
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