Gaming Innovation Group - Issue of new shares

Gaming Innovation Group Inc. (“GiG” or the “Company”) has today issued 119,400 new shares of its common stock in connection with exercise of options, whereof 61,600 shares at a share price of NOK 15.00 and 57,800 at a share price of NOK 22.00 per share. 

The new shares are issued by the Board of Directors under the Company's 150,000,000 authorized shares, and the Company confirms that the new shares have been duly authorized by all necessary corporate actions and that the new shares have been fully paid and validly issued. The Company’s share capital has increased from USD 134,588,574 to USD 134,707,974, and the number of outstanding shares has increased from 134,588,574 to 134,707,974 (par value USD 1.00). In addition, a total of 1,139,600 options are outstanding as of today.

For further information, please contact:
Tore Formo, Group CFO, tore@gig.com, +47 91668678

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. www.gig.com