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Gaming Innovation Group

Gaming Innovation Group

Gaming Innovation Group - Mandatory notification of trade

10:07 / 11 April 2023 Gaming Innovation Group Press release

Ben Clemes, General Manager of North America and primary insider of Gaming Innovation Group Inc. (GiG) has today exercised 21,000 options to buy shares in GiG, whereof 15,000 at a share price of NOK 15.00 and 6,000 at a share price of NOK 22.00. After this exercise, Clemes will hold 1,728,146 shares and 39,000 options to buy shares in GiG. 

In addition, employees in GiG have exercised options to buy 4,650 shares in GiG at a share price of NOK 22.00.

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 127,132,038 and when issuing the new shares for the option exercise, the outstanding number of shares will increase to 127,157,688. After the exercise, a total of 2,746,950 options are outstanding.

For further information, contact: 
Richard Brown, CEO of GiG, 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.

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