Exercise of share options in Raketech Group Holding Plc: issue of 60,000 new ordinary shares

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Raketech to issue 60,000 new shares through the exercise of options from the long-term incentive program.

TRIQ I-IMSIDA IL-GZIRA, MALTA / ACCESSWIRE / October 10, 2023 / Raketech (STO:RAKE) October 10, 2023 - Raketech Group Holding Plc (Nasdaq:RAKE) in line with the resolution of the Board of Directors, will issue 60,000 new shares, through the exercise of options from the long-term incentive program for the Management Team as adopted on the Company's general meeting on May 15, 2020.

Following the exercise of the options set out above, the number of shares and votes in Raketech Group Holding Plc, will increase to a total of 42,715,314.

For more information, please contact:

investor@raketech.com

About Raketech Group

Raketech is a leading online affiliate and content marketing company, with expertise in delivering comparison services for sports and gaming, online guides, communities and social media products. Raketech guides sports and gaming enthusiasts to the best possible services, while also delivering high-quality traffic and leads to its partners. Raketech grows both organically and via acquisitions and operates its business in accordance with a clear framework for responsible affiliate marketing services. The company's shares are listed in Nasdaq First North Premier Growth Market with ticker RAKE. Erik Penser Bank AB is the company's Certified Adviser. For more information, visit www.raketech.com .

Attachments

Exercise of share options in Raketech Group Holding Plc: issue of 60,000 new ordinary shares

SOURCE: Raketech

View source version on accesswire.com:
https://www.accesswire.com/791547/exercise-of-share-options-in-raketech-group-holding-plc-issue-of-60000-new-ordinary-shares

FAQ

What is Raketech Group Holding Plc?

Raketech Group Holding Plc is a company listed on Nasdaq with the ticker symbol RAKE.

What is the purpose of issuing new shares?

The new shares are being issued as part of the long-term incentive program for the Management Team.

How many shares will be issued?

60,000 new shares will be issued.

How will this affect the total number of shares and votes in Raketech Group Holding Plc?

The exercise of the options will increase the total number of shares and votes to 42,715,314.

How can I get more information?

For more information, please contact investor@raketech.com.