ManyDev Studio S.E.: Wygaśnięcie listu intencyjnego

Current report no. 20/2023

Subject

Expiration of the letter of intent

Legal basis

Article 17 par. 1 MRA – confidential information.

With reference to current reports No. 12/2023 and 19/2023, the
Management Board of ManyDev Studio SE (hereinafter referred to as:
“Company”) hereby informs that yesterday, i.e. on August 1, 2023, the
Issuer was informed about the expiry of the deadline to conclude share
sale agreements, as at July 31, 2023, resulting from the annexed Letter
of Intent concluded between the shareholders: PlayWay S.A. with its
registered office in Warsaw (holding 6,899,999 series I shares
constituting 30.53% of the share capital of the Company), Capeman
Investments LTD with its registered office in Nicosia (holding 7,278,900
series H shares constituting 32.21% of the share capital of the
Company), Marek Parzyński ( holding 735,000 series H shares constituting
3.25% of the Company’s share capital) and Bartosz Graś (holding 735,000
series H shares constituting 3.25% of the Company’s share capital), and
Investors: ASI Gaming Investment Group sp. z o.o. s.k.a. based in
Katowice and Softix Technologies LLC based in Tbilisi.

As a result of the expiry on July 31, 2023 of the deadline for
concluding share purchase agreements resulting from the above-mentioned
of the Letter of Intent, the said share sale agreements were ultimately
not concluded, and the Letter of Intent itself expired.

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