Rymarz Zdort advises on PLN 138 million sale of shares in Ten Square Games

25 January 2022

Rymarz Zdort provided legal advice to two major shareholders of Ten Square Games S.A. (the “Company”) and its founders Maciej Popowicz and Arkadiusz Pernal in the course of the offering of the Company's shares conducted under an accelerated book-building procedure.

In the transaction, Maciej Popowicz and Arkadiusz Pernal sold 438,107 shares, representing approximately 6% of the shares in the Company's share capital and 6% of the total number of votes in the Company. The value of the transaction amounted to PLN 138 million.

Ten Square Games S.A. is a Polish developer and publisher of F2P (free to play) games for mobile devices (smartphones, tablets) and browsers. The company is a global market player and its games are available in most countries around the world. It is currently one of the highest-valued games companies on the regulated market of the Warsaw Stock Exchange.

The transaction team comprised Ewa Bober, a partner in the corporate department focusing on capital markets transactions, and Marta Rykalovska, associate.

Rymarz Zdort was supported by Weil Gotshal & Manges LLP on matters of US law.

The consortium placing the shares in the ABB process consisted of Dom Maklerski Banku Handlowego S.A. and Citigroup Global Markets Europe AG.

Team members

Ewa Bober

Partner

Ewa Bober

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