Gaming Innovation Group Inc.

01/26/2022 | Press release | Distributed by Public on 01/26/2022 10:42

Gaming Innovation Group - Successful placement of a SEK 100 million bond tap issue

Gaming Innovation Group - Successful placement of a SEK 100 million bond tap issue

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26 Jan 2022 17:40 CET

Company Name

GAMING INNOVATION GROUP

ISN

US36467X2062

Market

Oslo Børs

Symbol

GIG

Reference is made to the announcement from Gaming Innovation Group Inc. on 25
January 2022.

Gaming Innovation Group Inc. (together with its subsidiaries "GiG" or the
"Group") has successfully completed a SEK 100 million subsequent bond issue
under the Group's existing senior secured bond framework with ISIN NO0011017097.
Following the subsequent bond issue, the outstanding amount of the bond is SEK
550 million.

The proceeds from the tap issue will be used towards partially financing of the
acquisition of Sportnco Gaming SAS, that was announced in a press release on 22
December 2021, or general corporate purposes for GiG.

ABG Sundal Collier and Pareto Securities acted as joint managers and bookrunners
in connection with the tap issue.

For further information please contact:
Tore Formo, Group CFO, [email protected]

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 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 Inc

Provider

Oslo Børs Newspoint