Request for conversion into shares
Net Gaming has received notifications of requests for conversion into 3,888,888 new shares, corresponding to SEK 17,500,000 in loans.
The request comes from Chairman of the Board and majority shareholder Henrik Kvick through his own investment company.
- Net Gaming further strengthens its balance sheet and we continue to reduce our interest expenses. We have a clear growth plan for 2018 with solid organic growth while we want to add on more qualitative additional acquisitions. Net Gaming wants to be involved in consolidating the market with the goal of taking the lead position of high quality leads within the iGaming lead generation, commented Henrik Kvick.
Total number of outstanding shares in the company now total 67,180,880, while total outstanding convertible loan now amounts to SEK 33,500,010.
Net Gaming will return with confirmation that this conversion into shares has been implemented and registered with the Swedish Companies Registration Office.
For further information, please contact:
Marcus Teilman, President and CEO
+356 9936 7352
Net Gaming Europe AB (publ)
Telephone: +46 8-410 380 44