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Gaming Innovation Group – Exercise of options and mandatory notification of trade

Published

1 year ago

February 29, 2024

Adrienn Sarkany

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Justin Psaila, CFO and primary insider of Gaming Innovation Group Inc. (GiG), has today exercised his options to buy 45,000 shares in GiG, whereof 30,000 at a share price of NOK 15.00 and 15,000 at a share price of NOK 22.00. After this transaction, Justin Psaila will own 47,100 shares and 15,000 options in GiG.

Claudio Caruana, General Counsel and primary insider of Gaming Innovation Group Inc. (GiG), has today exercised his options to buy 30,000 shares in GiG at a price of NOK 15.00 per share. After this transaction, Claudio Caruana will own 30,100 shares and 30,000 options in GiG.

Including these options, 275,350 employee options have been exercised in 2024, and GiG has borrowed shares for the immediate transfer of the option shares to employees and will issue new shares later. The outstanding number of shares in GiG is 129,003,161 and when issuing the new shares for the option exercises, the outstanding number of shares will increase to 129,278,511. In addition, 1,639,900 options are outstanding as of today.

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Adrienn Sarkany

Hello there! I'm a 21-year-old university student majoring in Finnish and Korean Language and Literature. I have a deep passion for art and a profound connection to the natural world. My journey through life has been a colorful one, driven by my love for creativity, music, and the wonders of the great outdoors. As a dedicated student, I've already earned a degree in Classic Cantos, a testament to my appreciation for the timeless beauty of classical music. Beyond the classroom, my artistic spirit thrives through my love for painting and drawing. These creative outlets allow me to express my thoughts and emotions, transforming blank canvases into vibrant stories. My interests go far beyond music and art. Singing, playing the piano, and exploring new melodies are integral parts of my life, providing me with both solace and exhilaration. When I'm not immersed in the world of art and music, I find solace in nature's embrace. My heart is drawn to animals and the serene beauty of the natural world, fueling my desire to protect and preserve our precious environment.