Gaming Innovation Group Inc. has 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.
