Exercise of options
Employees in Gaming Innovation Group Inc. (GIG) have exercised their options to buy 1,800,000 shares in GIG, whereof 1,500,000 at a share price of NOK 1.50 and 300.000 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 employees and will issue new shares later. The outstanding number of shares in GIG is 895,656,266 and when issuing the new shares for the option exercise, the outstanding number of shares will increase to 899,956,266. After the exercise, a total of 15,610,000 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/