Booongo sharpens games portfolio with UI and UX upgrades

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Gaming Innovation Group Inc. (GiG) has granted 1,500,000 options to key employees. The exercise price is NOK 15.00 per share, and the options are exercisable with 20% after 1 January 2022, 30% after 1 January 2023 and 50% after 1 January 2024. All options expires on 31 December 2026 and are conditional upon employment at time of exercise.

Richard Brown, CEO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Richard Brown and close associates holds 121,000 shares in GiG and 80,000 options to buy shares in GiG.

Ben Clemes, CCO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Ben Clemes holds 1,907,146 shares in GiG and 30,000 options to buy shares in GiG.

Chris Armes, CIO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Chris Armes holds 0 shares and 180,000 options to buy shares in GiG.

Tore Formo, Group CFO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Tore Formo holds 458,167 shares in GiG and 30,000 options to buy shares in GiG.

Justin Psaila, CFO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Justin Psaila holds 2,100 shares in GiG and 102,000 options to buy shares in GiG.

Jonas Warrer, Managing Director of Media and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Jonas Warrer and close associates holds 380,886 shares in GiG and 30,000 options to buy shares in GiG.

Claudio Caruana, General Counsel and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Claudio Caruana holds 100 shares in GiG and 30,000 options to buy shares in GiG.

Claudia Ginex, Director of People and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Claudia Ginex holds 0 shares in GiG and 30,000 options to buy shares in GiG.

For further information, please contact:
Richard Brown, CEO, [email protected], +34 661599025
Tore Formo, Group CFO, [email protected], +47 91668678

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