Gaming Innovation Group - change of name to Gentoo Media Inc. and change of ticker
Comunicato Precedente
Comunicato Successivo
The Board of Directors will now initiate the final steps of the restructuring process through which the GiG Platform business will be spun off to operate as an independent public company, GiG Software PLC, (the "Spinoff"). The assets and subsidiaries of the GiG Platform business will be extracted from the Company and distributed to the shareholders in the form of depository receipts in GiG Software PLC, i.e. Norwegian Depository Receipts (NDRs) to investors holding shares in Euronext Securities Oslo (VPS) and Swedish Depository Receipts (SDRs) to investors holding shares in Euroclear Sweden. The Spinoff will result in the Company being split into two separate unaffiliated public companies. The Media Business will remain with the Company and continue as Gentoo Media Inc. For further details, please see the notice to the Special Meeting of Shareholders as announced on 4 September 2024 and the key date announcement dated 12 September 2024.
For further information, please contact:
Mikael Riese Harstad, Chairman of the Board, [email protected], +44 7984183850
Tore Formo, Group CFO of GiG, [email protected], +47 916 68 678
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
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