Mandatory notification of trade - exercise of options
Employees holding options have exercised their rights to buy 950,000 shares in Gaming Innovation Group Inc. at share prices of NOK 1.25 and NOK 1.50 per share. GIG will transfer part of its treasury shares to the optionees.
The outstanding number of shares in GIG is 608,556,266 and will not be changed following the above transaction. GIG will decrease its holding of treasury shares from 8,915,000 to 7,965,000, or from 1.46 % to 1.31 % of the outstanding shares.
After the exercise, 8,420,000 options are outstanding.
LaunchTuesday, March 14, 2017Larry Laffer is launching a new online casino – powered by Gaming Innovation Group’s (GIG) platform service provider iGaming Cloud and quite unlike anything that has ever been there before. "LarryCasino.com features a selection of the best slot machines, casino games and live casino play – all based around a new Leisure Suit Larry adventure..."[Continue Reading]
AcquisitionFriday, March 10, 2017Gaming Innovation Group Inc. (GIG) and its subsidiary Innovation Labs have agreed to acquire the highly regarded affiliate website Casinotopsonline.com for a consideration of EUR 11.5 million. This is Innovation Labs’ largest acquisition to date and will significantly strengthen its position as a leading affiliate in Europe. Read on for more details and comments from GIG and Casinotopsonline CEOs.[Continue Reading]