Enlabs makes mandatory takeover offer for Global Gaming

Business News

Enlabs AB has today acquired 9,878,086 shares in Global Gaming 555 AB for a purchase price corresponding to SEK 11 per share where 50 percent of the purchase price was paid in cash and 50 percent was paid through newly issued shares in Enlabs.

This has now increased Enlabs’ ownership from 29.89 percent to 54.06 percent of all shares and votes in Global Gaming, which meant that Enlabs was required to make a mandatory public offer for the remaining shares in Global Gaming in accordance with the Takeover rules for certain trading platforms.

Since the announcement, Enlabs has acquired additional shares in Global Gaming in the market and Enlabs’ ownership at the time of publication of this press release amounts to 66.70 percent of all shares and votes in Global Gaming.

The shares in both Enlabs and Global Gaming are listed on the Nasdaq First North Growth Market.

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