MGI – Media and Games Invest SE: Directed issue of warrants as part of the relocation to Sweden to cover existing obligations
MGI – Media and Games Invest SE: Directed issue of warrants as part of the relocation to Sweden to cover existing obligations
- MGI – Media and Games Invest SE: Directed issue of warrants as part of the relocation to Sweden to cover existing obligations
MGI – Media and Games Invest SE: Directed issue of warrants as part of the relocation to Sweden to cover existing obligations
January 10, 2023 – MGI – Media and Games Invest SE (“MGI” or the “Company”, ISIN: SE0018538068; Ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange, OTCQX: MDGIF) informs shareholders of the issue of warrants, a planned action following the completed relocation of the Company's registered office from the Maltese to the Swedish jurisdiction. - The issuance of these warrants is based on the authorization of the Board granted by the shareholders at the Extraordinary General Meeting on November 01, 2022 when all major MGI shareholder decisions with regards to the relocation to Sweden were finalized.
- The ESOP has a term until 2030 and both vesting and exercise of the ESOP are staggered over several years.
- The warrants are therefore subject to provisions regarding recalculation under the terms and conditions as stated in the warrants agreement.