Gaming Innovation Group - Issue of new shares

Gaming Innovation Group Inc. has today issued 53,600 new shares of its common stock in connection with exercises of options, whereof 30,500 shares at a share price of NOK 15.00 and 23,100 at a share price of NOK 22.00 per share. 

Gaming Innovation Group Inc. 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 128,949,561 to USD 129,003,161 and the number of outstanding shares has increased from 128,949,561 to 129,003,161 (par value USD 1.00). The new shares are issued by the board of directors under the Company's 150,000,000 authorized shares. In addition, 2,361,450 options are outstanding as of today.

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

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