{"id":59299,"date":"2021-08-18T18:28:21","date_gmt":"2021-08-18T16:28:21","guid":{"rendered":"https:\/\/www.cigames.com\/?p=59299"},"modified":"2021-08-26T18:33:00","modified_gmt":"2021-08-26T16:33:00","slug":"20-2021initiation-of-the-review-of-strategic-options-legal-basis-art-17-section-1-mar-confidential-information","status":"publish","type":"post","link":"https:\/\/cigames.com\/en\/20-2021initiation-of-the-review-of-strategic-options-legal-basis-art-17-section-1-mar-confidential-information\/","title":{"rendered":"20\/2021&#8243;Initiation of the review of strategic options Legal basis: Art. 17 section 1 MAR \u2013 Confidential information.&#8221;"},"content":{"rendered":"<p>Current report no. 20\/2021<\/p>\n<p>Date: August 17, 2021<\/p>\n<p>Subject: Initiation of the review of strategic options Legal basis: Art. 17 section 1 MAR \u2013<br \/>\nConfidential information.<\/p>\n<p>Contents:<br \/>\nThe Managing Board of CI GAMES S.A. (the \u201eCompany\u201d) would like to announce that on<br \/>\nAugust 17, 2021 it made a decision to initiate a review of strategic options for the<br \/>\nCompany, supporting further development of the Company\u2019s capital group. The purpose<br \/>\nof the review of strategic options is to select the most favorable way of achieving the<br \/>\nCompany\u2019s long-term goal which is Company development based on the existing<br \/>\nstrategy of maximizing the value for current and future shareholders. In the course of<br \/>\nthe review of strategic options, the Company\u2019s Managing Board will take into<br \/>\nconsideration various options, including gaining a strategic sector investor.<br \/>\nIn connection with the above, on August 17, 2021 the Company\u2019s Managing Board<br \/>\nsigned an agreement with an advisor Drake Star Securities LLC which will support the<br \/>\nCompany in the process of reviewing strategic options, including in particular in the<br \/>\nnegotiations and selection of a strategic sector investor. As part of the process, selected<br \/>\nentities may be provided with additional information about the Company to the extent<br \/>\nallowed by legal regulations in force. At the same time the Company\u2019s Managing Board<br \/>\nwould like to inform that as of today, no decisions were made relating to selection of a<br \/>\nspecific option and furthermore, there is no certainty whether and when any such<br \/>\ndecision will be made in the future. The Managing Board will be informing publicly about<br \/>\nthe course of strategic options review in accordance with legal regulations in force.<\/p>\n<p>Legal basis: art. 17 section 1 in connection with art. 7 section 1 of the Regulation (EU) No<br \/>\n596\/2014 of the European Parliament and of the Council of April 16, 2014 on market<br \/>\nabuse (MAR).<\/p>\n<p>Marek Tymi\u0144ski \u2013 President of the Management Board<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Current report no. 20\/2021 Date: August 17, 2021 Subject: Initiation of the review of strategic options Legal basis: Art. 17 section 1 MAR \u2013 Confidential information. Contents: The Managing Board&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77],"tags":[],"class_list":{"0":"post-59299","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-current-2021"},"_links":{"self":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts\/59299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/comments?post=59299"}],"version-history":[{"count":0,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/posts\/59299\/revisions"}],"wp:attachment":[{"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/media?parent=59299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/categories?post=59299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cigames.com\/en\/wp-json\/wp\/v2\/tags?post=59299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}