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Gaming Innovation Group: Ex date

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Gaming Innovation Group Inc. (GiG) announced key dates for its restructuring process, which involves dividing the company into GiG Media and GiG Platform. GiG Platform will be spun off as an independent public company. On September 23, 2024, a special shareholders' meeting resolved to complete the spinoff. As of September 24, 2024, GiG shares will trade ex-rights to receive Norwegian Depository Receipts (NDRs) on Oslo Børs (Ticker: GIG) and Swedish Depository Receipts (SDRs) on Nasdaq Stockholm (Ticker: GIGSEK). This information is disclosed in compliance with Euronext Oslo Børs' Rule Book II and the Norwegian Securities Trading Act.

Gaming Innovation Group Inc. (GiG) ha annunciato le date chiave per il suo processo di ristrutturazione, che comporta la suddivisione dell'azienda in GiG Media e GiG Platform. GiG Platform sarà scorporata come una società pubblica indipendente. Il 23 settembre 2024, un'assemblea straordinaria degli azionisti ha deciso di completare lo scorporo. A partire dal 24 settembre 2024, le azioni GiG verranno scambiate ex-diritti per ricevere ricevute di deposito norvegesi (NDR) su Oslo Børs (Ticker: GIG) e ricevute di deposito svedesi (SDR) su Nasdaq Stockholm (Ticker: GIGSEK). Questa informazione è divulgata in conformità con il Regolamento II di Euronext Oslo Børs e con la Legge norvegese sulle negoziazioni di titoli.

Gaming Innovation Group Inc. (GiG) anunció fechas clave para su proceso de reestructuración, que implica dividir la empresa en GiG Media y GiG Platform. GiG Platform se convertirá en una empresa pública independiente. El 23 de septiembre de 2024, una reunión especial de accionistas decidió completar la escisión. A partir del 24 de septiembre de 2024, las acciones de GiG se negociarán ex derechos para recibir Recibos de Depósito Noruegos (NDR) en Oslo Børs (Ticker: GIG) y Recibos de Depósito Suecos (SDR) en Nasdaq Estocolmo (Ticker: GIGSEK). Esta información se divulga en cumplimiento del Libro de Reglas II de Euronext Oslo Børs y la Ley Noruega de Comercio de Valores.

Gaming Innovation Group Inc. (GiG)는 회사를 GiG Media 및 GiG Platform으로 분할하는 구조조정 과정의 주요 날짜를 발표했습니다. GiG Platform은 독립적인 공개 회사로 분리될 것입니다. 2024년 9월 23일, 주주 특별 회의에서 분할 완료를 결의했습니다. 2024년 9월 24일부터 GiG 주식은 권리 없이 거래됩니다, 이는 오슬로 증권거래소(티커: GIG)에서 노르웨이 예탁증서(NDR)와 나스닥 스웨덴(티커: GIGSEK)에서 스웨덴 예탁증서(SDR)를 받기 위함입니다. 이 정보는 유로넥스트 오슬로 증권거래소 규칙 제2호와 노르웨이 증권 거래법을 준수하여 공개됩니다.

Gaming Innovation Group Inc. (GiG) a annoncé des dates clés pour son processus de restructuration, qui implique la division de l'entreprise en GiG Media et GiG Platform. GiG Platform sera séparée en tant que société publique indépendante. Le 23 septembre 2024, une assemblée générale extraordinaire des actionnaires a résolu de finaliser la scission. À partir du 24 septembre 2024, les actions GiG seront échangées sans droit pour recevoir des reçus de dépôt norvégien (NDR) sur l'Oslo Børs (Ticker : GIG) et des reçus de dépôt suédois (SDR) sur le Nasdaq Stockholm (Ticker : GIGSEK). Ces informations sont divulguées conformément au Règlement II de l'Euronext Oslo Børs et à la Loi norvégienne sur les opérations boursières.

Gaming Innovation Group Inc. (GiG) hat wichtige Termine für seinen Restrukturierungsprozess bekannt gegeben, der die Aufteilung des Unternehmens in GiG Media und GiG Platform umfasst. GiG Platform wird als unabhängiges börsennotiertes Unternehmen abgespalten. Am 23. September 2024 beschloss eine außerordentliche Hauptversammlung der Aktionäre, die Abspaltung abzuschließen. Ab dem 24. September 2024 werden die GiG-Aktien ex Rechte gehandelt, um norwegische Einzahlungsquittungen (NDR) an der Oslo Børs (Ticker: GIG) und schwedische Einzahlungsquittungen (SDR) an der Nasdaq Stockholm (Ticker: GIGSEK) zu erhalten. Diese Informationen werden gemäß dem Regelwerk II von Euronext Oslo Børs und dem norwegischen Wertpapiergesetz offengelegt.

Positive
  • GiG is restructuring into two separate entities, potentially creating value for shareholders
  • The spinoff of GiG Platform as an independent public company has been approved by shareholders
Negative
  • None.

ST JULIANS, Malta, Sept. 24, 2024 /PRNewswire/ -- Reference is made to the announcement from Gaming Innovation Group Inc. ("GiG" or the "Company") on 12 September 2024 regarding key dates in connection with the restructuring process in which GiG will be divided in two, GiG Media and GiG Platform, whereby GiG Platform will be spun off to operate as an independent public company (the "Spinoff"). Further reference is made to the announcement on 23 September 2024 regarding the special meeting of shareholders held that day on which the Company resolved to complete the Spinoff.

The shares in GiG will be traded on Oslo Børs (Ticker: GIG) ex the rights to receive Norwegian Depository Receipts (NDRs) as of today, 24 September 2024. The same applies to shares trading on Nasdaq Stockholm (Ticker: GIGSEK) as regards the right to receive Swedish Depository Receipts (SDRs).

This information is given pursuant to Euronext Oslo Børs' Rule Book II section 4.8.4.3, cf. section 4.2.5.3 and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For more information, please contact: 
Tore Formo, Group CFO, tore@gig.com, +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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SOURCE Gaming Innovation Group

FAQ

When will GiG shares trade ex-rights for the spinoff of GiG Platform?

GiG shares will trade ex-rights to receive Norwegian Depository Receipts (NDRs) and Swedish Depository Receipts (SDRs) for the GiG Platform spinoff as of September 24, 2024.

What are the tickers for GiG shares on Oslo Børs and Nasdaq Stockholm?

GiG shares trade under the ticker GIG on Oslo Børs and GIGSEK on Nasdaq Stockholm.

What was the outcome of GiG's special shareholders' meeting on September 23, 2024?

The special shareholders' meeting on September 23, 2024, resolved to complete the spinoff of GiG Platform as an independent public company.

How is Gaming Innovation Group (GIGI) restructuring its business?

Gaming Innovation Group is restructuring by dividing into two entities: GiG Media and GiG Platform, with GiG Platform being spun off as an independent public company.

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