Incentive programme allotment
On 28 April 2016 the Annual General Meeting of the company resolved to issue no more than 547,000 warrants. Each warrant entitles the holder to subscribe for one new share in the company at a subscription price of SEK 354.20 during the period from the day after the release of the second quarterly report 2019 until and including 30 September 2019.
547,000 warrants have been subscribed for by the company’s subsidiary, Evolution Malta Ltd, which has allocated 366,668 warrants to a number of key employees (including consultants) in the company’s management and organisation. For warrants transferred at market value, the price (the warrant premium) has been calculated in accordance with Black & Scholes’ valuation model and the valuation has been conducted by PwC. The remaining 180,332 warrants may be used for future recruitments provided that the allocation is made at the latest on 31 July 2016.
For further information, please contact:
Fredrik Svederman, CFO
+46 761 16 00 22, email@example.com
This information was submitted for publication on 22 June 2016 at 08:30 CET.
Evolution Gaming Group AB (publ) (”Evolution”) develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider in the European market with 70 operators among its customers. The group currently employs 2,100 people, most of whom are located in Latvia and Malta. The parent company is based in Sweden and listed on the Nasdaq First North Premier exchange under the ticker EVO. Avanza Bank is the company’s certified adviser. Visit www.evolutiongaming.com for more information.