GiG Software Plc (First North: GiG SDB; OTCQX: GIGXF), a leading B2B iGaming technology company, announces that is has issued 224,000 new ‘Ordinary A’ shares having a nominal value of EUR 0.001 each to several existing employees to satisfy the exercise of vested options pursuant to Long Term Investment Plans (“New Shares.”)
The settlement will be effected by way of an issue of 224,000 ‘Ordinary A’ shares in the Company to Equro Issuer Service AS (“Equro”), followed by an issue of 224,000 Norwegian Depositary Receipts (“NDRs”), representing shares in the Company, by Equro to Pareto Securities AB (“Pareto”), and a subsequent issue of 224,000 Swedish Depository Receipts (“SDRs”), representing NDRs, by Pareto to the option holders.
The New Shares have been issued at nominal value.
An application will be made for 224,000 new SDRs to be admitted to trading on the Nasdaq First North Premier Growth Market, Stockholm.
After the registration of the shares referred to herein, the total number of shares issued by the Company will amount to 160,868,903. The Company’s share capital will increase with EUR 224 from EUR 160,644.90 to EUR 160,868.90. The Share Issue will result in a dilution of 0.1394% percent of the number of SDRs in GiG.
For further information, please contact:
GiG Software PLC
Richard Carter, Chief Executive Officer
Claudio Caruana, Company Secretary, General Counsel
[email protected]
Vigo Consulting (Investor Relations)
Jeremy Garcia / Anna Sutton / Georgina Moul
[email protected]
Tel: +44 (0) 20 7390 0230
About GiG Software Plc
GiG Software is a leading B2B iGaming technology company that provides premium solutions, products, and services to iGaming operators worldwide, fully compliant with regulatory requirements. GiG’s proprietary technology empowers our partners by delivering dynamic, data-driven, and scalable iGaming solutions that drive user engagement, optimise performance, and propel sustainable growth in the ever-evolving digital landscape. GiG’s vision is to be the pioneering force in the iGaming industry, transforming digital gaming experiences through innovation and technology that inspire and engage players worldwide.
GiG operates out of Malta and is listed on the Nasdaq First North Premier Growth Market in Stockholm, Sweden, under the ticker GiG SDB.
Find out more at www.gig.com.
