Enlabs increases stake in Global Gaming

Business News

Enlabs has increased its stake in Global Gaming to 54%. The company now holds 9,878,086 shares in Global Gaming 555 AB.

The shares will be paid with 50% in cash and with 50% by issuance of new shares in Enlabs.

The acquisition increases Enlabs holding from 29.89% to 54.06% of all shares and votes in Global Gaming.

The acquisition of the additional shares in Global Gaming means that Enlabs is obliged to within four weeks make a public offer to tender the remaining shares in Global Gaming.

Enlabs intends to, within four weeks, make a public offer to acquire the remaining shares in Global Gaming.

In such public offer, Enlabs will offer all shareholders in Global Gaming to transfer their shares to Enlabs against a consideration corresponding to SEK 11 per share in Global Gaming, which is approximately 34% above the average trading price for Global Gaming shares during the last ninety days of trading.

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