Current report no. 18/2017
March 1, 2017
Confidential information
“Granting the Members of the Management Board of CI Games S.A. the right to acquire subscription warrants issued under the Incentive Programme”
The Management Board of CI Games S.A. with its registered seat in Warsaw (“Company”) hereby informs that on Wednesday, March 1, 2017, the Supervisory Board of the Company, acting pursuant to item 4.2. of the Rules of the Incentive Programme for key employees and associates, including Members of the Management Board of CI Games S.A., granted the Members of the Management Board the right to acquire subscription warrants series B issued under the abovementioned Incentive Programme on the basis of resolution no. 15 of the Ordinary General Meeting of the Company’s Shareholders dated April 28, 2015, on the incentive programme, issue of subscription warrants, conditional increase of share capital and excluding the right of the existing shareholders to acquire subscription warrants and shares issued within the conditional increase in the share capital, and also to apply for permitting the shares issued within the conditional increase in the share capital for trading on the regulated market and their dematerialization and amendment to the Articles of Association.
The execution of the first stage of the Incentive Programme is related to the release of the game titled “Sniper Ghost Warrior 3”. Within the first stage of the Incentive Programme for the key employees and associates of the Company, the Supervisory Board granted each Member of the Company’s Management Board the right to acquire subscription warrants series B, while this right of all Members of the Company’s Management Board concerns subscription warrants series B amounting in total to 1,350,000 (one million three hundred fifty thousand).
Moreover, the Supervisory Board of the Company granted the right to acquire subscription warrants series B also to other key employees and associates of the Company of significant influence on the development of the game titled “Sniper Ghost Warrior 3”. On the basis of the resolutions of the Supervisory Board of the Company, 17 persons in total are entitled to participate in the first stage of the Incentive Programme, including three Members of the Company’s Management Board, who were given the right to acquire in total 2,270,000 (two million two hundred seventy thousand) subscription warrants series B entitling to the acquisition of 2,270,000 shares series F issued by the Company.
Legal basis: art. 17 (1) as read with 7 (1) of the Regulation of the European Parliament and of the Council (EU) no. 596/2014 of April 16, 2014, concerning market abuse regulation (MAR).
Marek Tymiński – President of the Management Board
