Brief: QubicGames Transfers Copyrights To Astro Bears Brand To Sonka

Qubicgames SA

11/12/2018 09:54

Dec 11 (Reuters) - QubicGames SA  QUBP.WA :
    * SAID ON MONDAY IT HAS SIGNED AGREEMENT WITH SONKA SA
CONCERNING
TRANSFER OF PROPRIETARY COPYRIGHTS TO ASTRO BEARS BRAND,
INCLUDING ASTRO BEARS GAME 
    * REMUNERATION FOR TRANSFERRING PROPRIETARY COPYRIGHTS TO
BRAND
HAS BEEN DETERMINED IN AMOUNT OF 525,000 ZLOTYS NET 
    * REMUNERATION INCLUDES ALSO 3% FROM REVENUES OBTAINED FOR
DISTRIBUTION AND SALES OF ALL PRODUCTS AND WORKS CREATED ON
BASIS OF BRAND, OR REFERRING TO IT DURING PERIOD FROM FEB. 15,
2019 TO DEC. 31, 2023
    * SAYS TRANSFER OF PROPRIETARY COPYRIGHTS TO ASTRO BEARS
BRAND
WILL INCREASE VALUE OF SONKA SA, IN WHICH QUBICGAMES OWNS 15% OF
SHARES IN SHARE CAPITAL

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMbFpDk8a
    
 Further company coverage:  QUBP.WA  
   


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