Gaming Innovation Group – Exercise of options and mandatory notification of trade

29 February, 2024

Justin Psaila, CFO and primary insider of Gaming Innovation Group Inc. (GiG), has today exercised his options to buy 45,000 shares in GiG, whereof 30,000 at a share price of NOK 15.00 and 15,000 at a share price of NOK 22.00. After this transaction, Justin Psaila will own 47,100 shares and 15,000 options in GiG.

Claudio Caruana, General Counsel and primary insider of Gaming Innovation Group Inc. (GiG), has today exercised his options to buy 30,000 shares in GiG at a price of NOK 15.00 per share. After this transaction, Claudio Caruana will own 30,100 shares and 30,000 options in GiG.

Including these options, 275,350 employee options have been exercised in 2024, and GiG has borrowed shares for the immediate transfer of the option shares to employees and will issue new shares later. The outstanding number of shares in GiG is 129,003,161 and when issuing the new shares for the option exercises, the outstanding number of shares will increase to 129,278,511. In addition, 1,639,900 options are outstanding as of today.

For further information, contact: 
Tore Formo, Group CFO, [email protected] +47 916 68 678

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing solutions, products and services to iGaming Operators. Founded in 2012, Gaming Innovation Group’s vision is ‘To be the industry leading platform, sportsbook and media provider delivering world class solutions to our iGaming partners and their customers.  GiG’s mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. Gaming Innovation Group operates out of Malta and is dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under the ticker symbol GIGSEK.

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