Reference is made to the offer document dated19 February 2020 (the "Offer Document") regardingTencent Holdings Limited ("Tencent "), through the indirectly owned subsidiaryTencent Cloud Europe B.V. (the "Offeror") recommended voluntary offer for all the outstanding shares inFuncom SE ("Funcom ") against a settlement in cash ofNOK 17.00 per share (the "Offer") as described in the offer document dated19 February 2020 (the "Offer Document") and the announcements made by the offeror on 16, 19 and23 March 2020 regarding extensions of the acceptance period for the Offer, in total until25 March 2020 at16:30 CET . Preliminary counting shows that shareholders holding 54,982,850 shares inFuncom , representing approximately 67.59% of the issued and outstanding shares inFuncom , had accepted the Offer upon expiry of the acceptance period today at16:30 CET . As a result of the above and previous acquisition of shares, the Offeror owns, or has, through acceptances, rights to, in total 77,324,071 shares inFuncom , representing in total approximately 95.06% of the issued and outstanding shares and voting rights inFuncom . As previously announced, the condition of minimum 90% acceptance has been fulfilled. The Offeror hereby declares that the Offer is unconditional, meaning that any remaining Conditions for Completion (as set out in section 4.3 of the Offer Document) are either fulfilled or waived by the Offeror and the Offeror will proceed towards completion of the Offer. The settlement of the Offer will take place on or about8 April 2020 . Please note that the calculation of the number of shares tendered in the Offer is preliminary and remains subject to potential adjustments through a verification process currently being undertaken by the receiving agent for the Offer. The final result of the Offer will be announced once confirmed by the receiving agent. Such announcement is currently expected on27 March 2020 . The complete terms and conditions for the Offer are set out in the Offer Document which have been sent to shareholders and is, subject to regulatory restrictions in certain countries, available at www.dnb.no/emisjoner and www.funcom.com.J.P. Morgan Securities Plc is acting as financial advisor toTencent and the Offeror andDNB Markets , a part ofDNB Bank ASA , is acting as domestic financial advisor and receiving agent.Baker McKenzie and AGP Advokater AS (Norway ) are acting as legal advisors toTencent and the Offeror in connection with the Offer. For further information, please contact:Tencent Investor RelationsJane Yip Tel: (86) 755 8601 3388/ (852) 3148 5100 ext. 868961 Email: janeyip@tencent.com/ ir@tencent.com AboutFuncom Funcom is an independent developer and publisher of computer and console games.Funcom was founded in 1993 and listed on theOslo Stock Exchange in 2005.Funcom became one of the pioneers of massively multiplayer online role-playing games ("MMORPG") whenFuncom released the PC game Anarchy Online. Over the course of its history,Funcom has developed and published around 30 game titles across several genres and gaming platforms. Currently,Funcom holds a broad portfolio of both released games and owned content, with high-degree control of its IPs.Funcom's key active game portfolio includes Conan Exiles, Mutant Year Zero, Secret World Legends, Conan Unconquered as well other games such as Age of Conan, Anarchy Online, The Park, Hide & Shriek and The Longest Journey. AboutTencent Tencent uses technology to enrich the lives of Internet users.Tencent's communications and social platforms, Weixin and QQ, connect users with each other and with digital content and services, both online and offline, making their lives more convenient.Tencent's targeted advertising platform helps advertisers reach out to hundreds of millions of consumers inChina .Tencent's FinTech and business services support its partners' business growth and assist their digital upgrade.Tencent invests heavily in talent and technological innovation, actively promoting the development of the Internet industry.Tencent was founded inShenzhen, China , in 1998. Shares ofTencent (00700.HK) are listed on the Main Board of theStock Exchange of Hong Kong . Important information about this release This is a public announcement byTencent and contains inside information as meant in the European Market Abuse Regulation (596/2014) and the Norwegian Securities Trading Act section 3-2 and is further subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.
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