GiG eyes to list shares on Nasdaq Stockholm

(source: Unsplash/M.B.M.)

Last Updated on Tuesday, 13 August, 2019 at 11:02 am by Christian Keszthelyi

Gaming Innovation Group (GiG) Inc announced plans to list its shares on Nasdaq Stockholm with the first day of trading planned for 26 March, according to a press statement by the group. GiG is one of the most prominent iGaming players in the Maltese market.

According to a Nasdaq Stockholm assessment, GiG fulfils the listing requirements, subject to customary conditions and formal approval from Nasdaq Stockholm, according to the group’s press statement. No new shares will be issued in connection with the listing.

GiG is currently listed on Oslo Børs, and following completion of the listing on Nasdaq Stockholm, the GiG share will be dual-listed and traded on both exchanges until further notice, carrying the same ISIN code on both exchanges: US36467X2062. The ticker code for the GiG share on Oslo Børs remains: “GIG”, the ticker code for the GiG share traded on Nasdaq Stockholm will be “GIGSEK”, the company’s press statement says.

“GiG is delighted to announce our intention to list on Nasdaq Stockholm, and that Nasdaq Stockholm has assessed that our company fulfils the listing requirements. Stockholm is the hub and centre of excellence for the iGaming industry, and this will put the company closer to its peer group with increased visibility in the market. We have many shareholders in Sweden and look forward to welcoming existing and new shareholders to join us on Nasdaq Stockholm,” says Robin Reed, CEO of GiG.

GiG is a technology company providing products and services for the iGaming industry. Founded in 2012, today the group connects operators, suppliers and users, to create the best iGaming experiences in the world. GiG has operations in Malta and is listed on the Oslo Stock Exchange.

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