Huuuge Completes $120 Million Share Buyback with Rymarz Zdort Maruta and Freshfields Assistance

"Rymarz Zdort Maruta, in collaboration with Freshfields, advised Huuuge on a share buyback where the company repurchased 15,237,864 shares at USD 7.8751 each, totaling USD 120 million. The buyback invitation was oversubscribed, leading to an average reduction rate of 57.04% for submitted offers. Ipopema Securities managed the transaction's settlement. The advisory team included Partner Filip Lesniak, Senior Associate Maciej Kowalski, and Associate Hanna Szczepanska-Rowicka."

Rymarz Zdort Maruta, in collaboration with Freshfields, advised Huuuge, a Delaware-incorporated developer and publisher of free-to-play mobile and online games, on a share buyback transaction. The buyback was conducted through a limited-time invitation to submit sale offers at a price of USD 7.8751 per share, resulting in Huuuge acquiring 15,237,864 of its common shares for a total of USD 120 million. The invitation was oversubscribed, leading to a proportional reduction of submitted offers, with an average reduction rate of 57.04%. Ipopema Securities managed the settlement of the transaction. The Rymarz Zdort Maruta team involved in this transaction included Partner Filip Lesniak, Senior Associate Maciej Kowalski, and Associate Hanna Szczepanska-Rowicka.

Huuuge Completes $120 Million Share Buyback with Rymarz Zdort Maruta and Freshfields Assistance

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