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G5 Entertainment — Share Issue/Capital Change 2015
Feb 17, 2015
3051_rns_2015-02-17_c5dbbf60-1b9f-4d36-8bba-3de9d5bbcbed.pdf
Share Issue/Capital Change
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Warrant Program 2014 fully subscribed
2015-02-17 PRESS RELEASE
At the Extraordinary General Meeting of G5 Entertainment AB ("G5") held on December 19th 2014, it was decided to issue a maximum of 176 000 warrants to managers and senior executives of the G5 group. The Board of G5 then decided to allocate a total of 157 500 warrants to existing employees, keeping 18 500 warrants for potential new recruitments, etc.. These 157 500 warrants have now been fully subscribed. Board members with exception of the CEO were not entitled to subscribe.
Accordingly, G5 Entertainment AB will issue 157 500 warrants. Each warrant entitles the holder to subscribe to one share in the company at an issue price of 83.33 Kr. The warrant price is 0.40 SEK. The period for the warrants is 3 years and 3 months, and it will be possible to exercise warrants after 3 years. Upon full exercise of the warrants, up to 157 500 shares, which represents approximately two percent of the total number of outstanding shares, will be issued.
For additional information please contact:
Vlad Suglobov, CEO, [email protected]
Odd Bolin, CFO, +46 84 11111 5
About G5 Entertainment AB (publ)
G5 Entertainment AB is a developer and publisher of high quality downloadable games for iOS, Android, Kindle Fire, Mac, and Windows devices. G5 develops and publishes games that are family-friendly, easy to learn, and targeted at the widest audience of experienced and novice players. G5's portfolio includes a number of popular games like Survivors: The Quest, Mahjong Journey, The Secret Society, Virtual City, Special Enquiry Detail, Supermarket Mania, and others. G5 Entertainment AB is listed on Nasdaq Stockholm since 2014.