5th Planet Games - Conversion of convertible notes
COPENHAGEN, January 15, 2020: 5th Planet Games A/S (OAX: FIVEPG) has received a
loan conversion notice from Formue Nord Fokus A/S requesting the conversion of
total NOK 300,000 into shares of the outstanding NOK 6,282,000 convertibles
notes issued in accordance with the Credit Facility agreement entered into with
Formue Nord Fokus A/S on May 24, 2019 (see announcement 3/2019 and 15/2019).

Following the loan conversion, Formue Nord Fokus A/S has been granted 1.116.694
shares at the conversion price of NOK 0.27 incl. a 10% discount. The granted
shares have been provided by one major shareholder in the company and no new
shares nor voting rights have therefore been issued at present. The shares will
however be issued at a later stage.

The total outstanding convertible notes amount to NOK 5,982,000.

About 5th Planet Games: 5th Planet Games is a mobile games developer and
publisher located in Copenhagen and Berlin. We cooperate with strong IP´s as the
Adventures of Tintin and premium sports brands as Cristiano Ronaldo and Nyjah
Huston. We are proud to expand the world of the Vikings TV series, the legendary
game Doodle Jump and Dawn of the Dragons. For more information see
www.5thplanetgames.com or contact CEO Henrik Nielsen +45 27 200 200

Click here for more information

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