MANDATORY NOTIFICATION OF TRADE BY PRIMARY INSIDERS AND DISCLOSURE OF LARGE SHAREHOLDINGS

Today, on 20 February 2019, KGJ Investments S.A., SICAV-SIF – a wholly owned company in the Kristian Gerhard Jebsen Group – has transferred all of its 19,405,059 (depositary ownership in) shares in Funcom N.V. to KGJ Capital AS – also a wholly owned company in the Kristian Gerhard Jebsen Group.
The shares were transferred at a price of NOK 14.34 each, representing the closing price per Funcom share on the Oslo Stock Exchange as of Tuesday 19 February 2019. The total consideration was NOK 278,268,546.
The transaction does not change the total shareholding in Funcom N.V. controlled by the Kristian Gerhard Jebsen Group, which totals 22,341,221 (depositary ownership in) shares, equivalent to 28.97% of the currently issued share capital of Funcom N.V. The Kristian Gerhard Jebsen Group is controlled by Mr. Hans Peter Jebsen.
In addition to the said shareholding – and unrelated to the transaction mentioned above – Mr. Hans Peter Jebsen holds a further 40,298 (depositary ownership in) shares in Funcom N.V. through the company Tusca AS. Accordingly, companies controlled directly or indirectly by Mr. Hans Peter Jebsen hold a total of 22,381,518 (depositary ownership in) shares in Funcom N.V., equivalent to 29.02% of the currently issued share capital.

Oslo, Norway, 20 February 2019
Kristian Gerhard Jebsen Group

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