RECEIVES COMPETITION AUTHORITY APPROVAL FOR THE ACQUISITION OF GLOBAL GAMING

2020-10-08

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The Offer is not submitted, and this press release may not be distributed or published, either directly or indirectly, and no application forms will be accepted from or on behalf of shareholders, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States or in any other country where submission of the Offer, distribution or publication of this press release or approval of acceptance of the Offer would be contrary to applicable laws or regulations or would require additional offer documents or prospectuses to be drafted or registered or any other action to be taken in addition to what is required by Swedish law.

Sigtuna on October 8, 2020

On September 21, 2020, Enlabs AB (“Enlabs”) announced a mandatory public offer to the shareholders of Global Gaming 555 AB (“Global Gaming”) to tender all their shares in Global Gaming (the “Offer”).

The only condition for completion of the Offer was that all required approvals, permits, decisions and other actions by authorities or similar bodies, including approvals from competition authorities, if applicable, are being obtained, in each individual case on conditions acceptable to Enlabs. Enlabs has now received approval from the Estonian Competition Authority for the acquisition of Global Gaming. As a result, the only condition for completion of the Offer is fulfilled and Enlabs therefore declares the Offer unconditional and will complete the Offer.

Last day to accept the Offer is November 2, 2020. Payment of the consideration is expected to begin around November 6, 2020.

Enlabs reserves the right to extend the acceptance period for the Offer, as well as to bring forward or postpone the time for payment of consideration. A potential extension of the acceptance period will however not delay settlement to the shareholders who have accepted the Offer during the initial acceptance period. Enlabs will announce any extension(s) of the acceptance period and/or postponement(s) of the settlement date by press release in accordance with applicable laws and regulations.

For more information, please contact:

Peter Åström, Board member of Enlabs, tel: +46707562747, or e-mail: [email protected]

George Ustinov, CEO and Group president of Enlabs, tel: +371 29424175, or e-mail: [email protected]

Enlabs submitted this press release for publication at 16.00 on October 8, 2020.

For more information, visit enlabs.com

About Enlabs

Enlabs stands for Entertainment Laboratories. Enlabs are 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.

IMPORTANT INFORMATION

The Offer, in accordance with the terms and conditions stated in this press release, is not directed to persons whose participation in the Offer requires that additional offer documents or prospectuses be prepared or registration to take place or that any other action is taken in addition to what is required by Swedish laws and regulations.

This press release and other documentation relating to the Offer will not be distributed and may not be posted or otherwise distributed or sent within or into any country where distribution or the Offer would require any such further action to be taken or where it would be contrary to laws or regulations in that country – Enlabs will not allow or approve any such action. Any attempt to accept the Offer as a result of these restrictions being directly or indirectly violated may be disregarded.

The Offer is not and will not be submitted, either directly or indirectly, within or into, by post or any other means of communication or aids, whether of an intergovernmental nature or for foreign trade or by means of national stock exchanges, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States. This includes but is not limited to e-mail, telex, telephone and internet or other forms of electronic transmission. The Offer may not be accepted and shares may not be transferred in the Offer in any way or by any means of communication or aid within or from Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States or by persons located in, or are residing in Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States. Consequently, this press release or other documentation regarding the Offer will not be posted, otherwise transmitted, distributed, forwarded or sent to or within Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States or to any person who is from or in, or resides in Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States.

Any attempt to transfer shares in the Offer that directly or indirectly results from a violation of these restrictions is void and any attempt to transfer shares by a person located in Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States or by agents, trustees or other intermediaries acting on a non-discretionary basis for a principal providing instructions within or from Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States is invalid and will not be accepted. Any person who holds shares and who participates in the Offer will certify that they are not from, are in or participate in the Offer from Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States, and that they are not acting on a non-discretionary basis on behalf of a principal who is from, is in or gives an order to participate in the Offer from Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States. Enlabs will not provide any consideration under the Offer to Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States.

This press release is not, and may not be, sent to shareholders with registered addresses in Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States. Banks, stockbrokers, brokers and other institutions holding nominee-registered shares for persons in Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, South Africa or the United States may not pass on this press release, or other documents related to the Offer, to such persons.

Information in this press release relating to future conditions or circumstances, including information on future results, growth and other forecasts as well as on the benefits of the Offer, constitutes future-oriented information. Such information can usually, but not always, be identified through the use of words such as "assessed", "expected" or "believed", or similar expressions.

Future-oriented information is inherently associated with risk and uncertainty, as it refers to conditions that are dependent on circumstances that may occur in the future. Due to a number of factors, several of which are beyond Enlabs’ control, there are no guarantees that actual results will not deviate significantly from the results stated or implied in the forward-looking information. All such forward-looking information is valid only as of the date it was provided and Enlabs has no obligation (and assumes no such obligation) to update or revise it, whether as a result of new information, future events or other circumstances, except as required by applicable law and other regulations.

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