Rymarz_Zdort

Rymarz Zdort advises on sale of shares in Ten Square Games S.A.

15 January 2021

Rymarz Zdort provided legal advisory services to two major shareholders of Ten Square Games S.A. (the “Company") and the founders of the Company, Maciej Popowicz and Arkadiusz Pernal, in connection with an offer for the sale of shares in the Company conducted by way of an accelerated book-building process.

As part of the transaction, Maciej Popowicz and Arkadiusz Pernal sold shares in the Company representing 9.78% of the share capital and the total number of votes in the Company with a total value of PLN 355 million. After the settlement of the transaction, Maciej Popowicz holds 1,615,000 shares in the Company constituting 22.2% of the Company's share capital and Arkadiusz Pernal holds 807,600 shares in the Company constituting 11.1% of the Company's share capital.

Ten Square Games S.A. is a Polish producer and publisher of F2P (free to play) games for mobile devices (smartphones and tablets) and browsers. The Company competes in the global market and its games are available in most countries of the world. Currently, it is one of the most highly valued companies in the gaming industry listed on the regulated market operated by the Warsaw Stock Exchange.

The team advising on the transaction included Paweł Zdort, a managing partner of Rymarz Zdort, and Ewa Bober, a partner in the corporate department specialising in capital markets transactions.

Experts

Ewa Bober

Partner

Ewa Bober

Paweł Zdort

Managing Partner

Paweł Zdort

More news

Rymarz Zdort recognised for Project Development in the IFLR1000 ranking

3 August 2021

Rymarz Zdort is pleased to announce that it has again been recognised in the most recent rankings published by IFLR1000 2021. In a published ranking of legal market leaders, the firm was recognised...

Rymarz Zdort recognised for Project Development in the IFLR1000 ranking

Successful first half of 2021 at Rymarz Zdort - Summary

16 July 2021

In the first six months of 2021, Rymarz Zdort continued to successfully support clients in many landmark transactions and undertakings in Poland and CEE in the areas of corporate and M&A, capital ...

Successful first half of 2021 at Rymarz Zdort – Summary