An employee in Gaming Innovation Group Inc. (GiG) has exercised his options to buy 100,000 shares in GIG at a share price of NOK 1.25. The options were granted in 2015. GIG will borrow shares for the transfer of the option shares to the employee and will issue new shares later. The outstanding number of shares in GIG is 895,656,266 and when issuing the new shares for this option exercise and previous exercises were shares has been borrowed, the outstanding number of shares will increase to 900,056,266.
In addition, 2,600,000 options have been cancelled due to employees leaving GiG and after the grant a total of 12,910,000 options are outstanding.
For further information:
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 our ecosystem of products and services, we are connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of state-of-the-art offices in St George's Bay, Malta and is listed on the Oslo.
Stock Exchange under the ticker symbol GIG.
For more information about GiG and our services see: https://www.gig.com/