Enlabs becomes largest shareholder in Global Gaming

Business News

Enlabs has entered into an agreement with a number of shareholders in Global Gaming 555 AB, which means that Enlabs has acquired 11,300,000 shares in Global Gaming at a price of SEK 8 per share.

The shares will be paid with 50% cash payment and with 50% in the form of newly issued shares in Enlabs based on the average volume-weighted price of Enlab’s shares in trading on the Nasdaq First North Growth Market during the past fifteen trading days.

Enlabs estimates that the dilution of the total number of shares in Enlabs arising from the transactions will amount to approximately 3.5%. Prior to these transactions, Enlabs owned 920,028 shares in Global Gaming, which means that Enlab’s current total holdings amount to 12,220,028 shares, representing 29.9% of the shares in Global Gaming.