The owners of Bryggen Holding AS (“Bryggen”) have today decided to dissolve the company. As a consequence, the 11,817,839 shares in Gaming Innovation Group Inc. owned by Bryggen will be transferred to its individual owners and Bryggen will thus reduce its ownership in Gaming Innovation Group Inc. from 13.1% to 0%. The shares will be transferred at a share price of NOK 11.45.
Helida AS, a company controlled by Helge Nielsen, minority owner in Bryggen, board member and primary insider of Gaming Innovation Group Inc., will receive 986,000 shares in GiG at a share price of NOK 11.45. After this transaction, Helge Nielsen and close associates will own 1,010,736 shares in GiG.
This information is information that Gaming Innovation Group Inc. (GiG) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 23:00 CET on 14 August 2019.
About Gaming Innovation Group (GiG)
Gaming Innovation Group Inc. is a technology company providing products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair and fun for all’. Through its ecosystem of products and services, it is connecting operators, suppliers and users, to create the best iGaming experiences in the world. GiG 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. www.gig.com