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    Settlement of the offering of Bonds and the Concurrent Accelerated Bookbuilding is expected to take place on or around 19th February 2021 (the “Issue Date”). Application will be made for the listing of the Bonds on Euronext AccessTM of Euronext in Paris to occur within 30 calendar days from the Issue Date.

    The Issuer will agree to a lock-up on the Nacon shares it owns as of today and for 180 calendar days following the Issue Date, subject to customary exemptions, the agreement of the joint global coordinators and joint bookrunners or the shares made available as part of the pledge of securities account.

    Concurrent Accelerated Bookbuilding

    The joint global coordinators and joint bookrunners will organize a concurrent accelerated bookbuilding of existing shares of the Company to facilitate hedging for certain subscribers of the Bonds (the “Concurrent Accelerated Bookbuilding”). The number of shares of the Company sold as part of the Concurrent Accelerated Bookbuilding is estimated not to exceed 3,5 million shares. A stock loan facility will be made available by the Issuer to BNP Paribas Arbitrage SNC, an affiliate of BNP Paribas SA, which will then on-lent those shares to the subscribers of the Bonds willing to hedge their exposure over the Nacon shares resulting from the Bonds. Stock loans may be for up to 10.5% of Nacon’s share capital. The Issuer will not receive any proceeds from any sale of Nacon shares made pursuant to the Concurrent Accelerated Bookbuilding.

    The final terms and conditions of the Bonds and the price of the Company’s shares sold in the Concurrent Accelerated Bookbuilding are expected to be announced later today.

    Important information

    This press release does not constitute or form part of any offer or solicitation to purchase or subscribe for or to sell securities to any person in the United States, Australia or Japan or in any jurisdiction to whom or in which such offer is unlawful, and the offering of the Bonds is not an offer to the public in any jurisdiction including France, other than to qualified investors within the meaning of the Prospectus Regulation (Regulation (EU) 2017/1129), or an offer to retail investors as such term is defined below.


    About Bigben Interactive

    Bigben Interactive is a European player in video game development and publishing, in design and distribution of smartphone and gaming accessories as well as in audio products. The group, which is recognized for its capacities in terms of innovation and creativity, intends to become one of Europe’s leaders in each of its markets.

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