Increase in number of shares after finalized share issue

2020-09-30

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As Enlabs AB (further “Enlabs” or “the Company”) previously announced, the company has acquired 66.70% of the shares in Global Gaming 555 AB. In a press release published August 26, 2020, the company informed that an acquisition of 9,878,086 shares took place from a number of sellers at a price of eleven (11.00) SEK per share against payment consisting of 50% in cash and 50% in newly issued Enlabs shares.

Due to this, the Board of Directors of Enlabs decided on a share issue of 1,857,417 shares in accordance with decision from the Annual General Meeting of the company May 8, 2020. The shares were subscribed at a price of SEK 29.25, based on the average volume-weighted price of Enlabs shares in trading on the Nasdaq First North Growth Market fifteen trading days prior to the transaction.

The newly issued shares have been registered by the Swedish Companies Registration Office and are under distribution by Euroclear.

The total number of shares and votes in the Company amounts to 67,141,316.

For more information, please contact:

Enlabs AB

George Ustinov, CEO and Group president

[email protected] / +371 29424175

Adam Jonsson, CFO

[email protected] / +46 73 8200058

About ENLABS

ENLABS stands for Entertainment Laboratories. Enlabs is a company that creates entertainment through innovative thinking within gaming. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella, Minsk and Stockholm. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 225 employees. Enlabs AB (NLAB) is listed at Nasdaq First North Growth Market with Redeye AB as Certified Adviser: [email protected], +46 (0)8 121 576 90.  

For more information, visit enlabs.com

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