Gaming Innovation Group - Mandatory notification of trade
Richard Brown, CEO and primary insider of Gaming Innovation Group Inc. (GiG), has today exercised 50,000 options to buy shares in GiG at a share price of NOK 24.00. After this exercise, Brown and close associates holds 171,000 shares in GiG and 60,000 options to buy shares in GiG. The new shares have 12 months lock-up.
In addition, an employee in GiG has exercised his option to buy 4,000 shares in GiG at a share price of NOK 15.00.
GIG will borrow shares for the immediate transfer of the option shares and will issue new shares later. The outstanding number of shares in GiG is 122,786,526 and when issuing the new shares for the option exercise, the outstanding number of shares will increase to 122,848,526. After the exercises, a total of 2,982,000 options are outstanding.
For further information, contact:
Richard Brown, CEO of GiG, [email protected] +34 661 599 025
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing solutions, products and services to iGaming Operators. Founded in 2012, Gaming Innovation Group’s vision is ‘To be the industry leading platform, sportsbook and media provider delivering world class solutions to our iGaming partners and their customers. GiG’s mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. Gaming Innovation Group 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