Play Magnus AS

Play Magnus Group (PMG) - Share Capital Increase Registered

27.1.2022 17:27:50 CET | Play Magnus AS | Total number of voting rights and capital

(Oslo, 27 January 2022) - Reference is made to the announcement by Play Magnus AS on 12 January 2022 regarding the private placement directed towards Breakthrough Initiatives Limited and subsequent approval by shareholders during the EGM on 19 January 2022.

The share capital increase pertaining to the issuance of the new shares has now been registered with the Norwegian Register of Business Enterprises. Play Magnus AS’ new share capital is NOK 614,527.22, divided into 61,452,722 shares, each with a par value of NOK 0.01.

Disclosure regulation

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 17 no. 1 and section 5-12 of the Norwegian Securities Trading Act, and was submitted for publication by Arkus Fredriksson, Chief Strategy Officer of Play Magnus Group.

Contacts

Dmitri Shneider

CFO, Play Magnus Group

dmitri@playmagnus.com

Investor Relations

ir@playmagnus.com

About Play Magnus AS

Play Magnus Group is a global leader in the chess industry focused on providing premier digital experiences for millions of chess players and students. The company offers elearning and entertainment services via its market leading brands: chess24, Chessable, iChess, New In Chess, Everyman Chess, Silver Knights, CoChess, Aimchess, the Play Magnus App Suite, and the Meltwater Champions Chess Tour. The Group's mission is to grow chess to make the world a smarter place by encouraging more people to play, watch, study, and earn a living from chess.


Play Magnus Group is listed on Euronext Growth Oslo under the ticker PMG. For more information visit pmg.me.

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