Torsdag 19 Mars | 07:23:53 Europe / Stockholm
2020-03-17 16:47:23
Reference is made to the stock notices published by Tencent Cloud Europe B.V.
(Tencent) 16 March 2020: "Extension of the Acceptance Period for the voluntary
offer for all outstanding shares in Funcom SE", and today 17 March 2020: "Update
on acceptances - voluntary offer for all outstanding shares in Funcom SE".

Following the voluntary cash offer for all shares in Funcom SE at NOK 17 per
share made by Tencent, all primary insiders holding shares have accepted the
offer:

  · Mrs. Susana Meza Graham, Member of the Supervisory Board and holder of
222,300 shares through the company Advenimus AB. Number of shares held after the
transaction is complete is nil, and number of stock options held is 38,000.
  · Mr. Rui Casais, CEO and Chairman of the Management Board, holder of 47,000
shares. Number of shares held after the transaction is complete is nil, and
number of stock options held is 140,000.
  · Mr. Stian Drageset, CFO and holder of 20,000 shares. Number of shares held
after the transaction is complete is nil, and number of stock options held is
75,000.
  · Mr. Ole Schreiner, COO and holder of 14,004 shares. Number of shares held
after the transaction is complete is nil, and number of stock options held is
120,000.

For the sake of clarity, the remaining stock options have an exercise price
above the offer price of NOK 17, thus are not in the money.

Funcom SE

Badhoevedorp, the Netherlands, 17 March 2020

This information is subject to the disclosure requirements acc. to §5-12 of vphl
(Norwegian Securities Trading Act)