Disclosure of shareholding in Gaming Innovation Group Inc − completion of equity investment
During December 2021, SkyCity Entertainment Group Limited (SkyCity) entered into a binding agreement with Gaming Innovation Group Inc (GiG) to provide €25 million of new equity to support the funding of its acquisition of Sportnco Gaming SAS (as announced by GiG to Oslo Børs and NASDAQ Stockholm on 22 December 2021 Central European time) (the Transaction). Following confirmation of settlement of the Transaction earlier today, SkyCity confirms that it has completed its equity investment with the issue of 13,487,500 common shares in GiG (at a share price of 18.00 NOK) (New Shares). The