Net Gaming decides on new issue of shares to be used as payment for assets acquired in November 2017
As announced on 23 November 2017, Net Gaming acquired affiliate assets for a purchase price of EUR 3 million, of which EUR 1 million will be settled by shares. As all the acquired assets have now been transferred to Net Gaming, the Board of Net Gaming has adopted a private placement of 979,178 shares, using the authorisation from the AGM on 30 May 2017. The Seller of the assets acquired by Net Gaming in November 2017, will have the right to subscribe for the new shares. The subscription price is SEK 10.09 per share. Payment for the newly issued shares is offset against the purchase price receivable.
As a result of the new issue, the number of shares in Net Gaming will increase by 979,178 shares, from 67,180,880 to 68,160,058, which will increase Net Gaming’s share capital by SEK 254,586.28, from SEK 17,467,028.80 to 17,721,615.08.
For further information, please contact:
Marcus Teilman, President and CEO
+356 9936 7352
Net Gaming Europe AB (publ)
Telephone: +46 8-410 380 44
The information in this press release is information that Net Gaming Europe AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation and, where applicable, the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was provided by the contact person above for publication on 14 February 2018 at 13.55 CET.