Employees holding options have exercised their rights to buy 950,000 shares in Gaming Innovation Group Inc. at share prices of NOK 1.25 and NOK 1.50 per share. GIG will transfer part of its treasury shares to the optionees.
The outstanding number of shares in GIG is 608,556,266 and will not be changed following the above transaction. GIG will decrease its holding of treasury shares from 8,915,000 to 7,965,000, or from 1.46 % to 1.31 % of the outstanding shares.
After the exercise, 8,420,000 options are outstanding.