The Chairman of Gaming Innovation Group Inc. Transfers Shares to Life Insurance Policy.
Mikael Riese Harstad, Chairman of the Board and major insider of Gaming Innovation Group Inc. (GiG), made a significant action today by moving 864,403 shares of GiG to a life insurance policy with SEB Life International Assurance Company DAC, of which he is the sole policyholder.
Helena Riese Harstad, a close acquaintance of Mikael Riese Harstad, also took part in the transfer, transferring 477,733 GiG shares to a life insurance policy with SEB Life International Assurance Company DAC, where she is the sole policyholder.
Following these trades, Harstad and his close allies no longer directly own any GiG stock. However, they collectively own 1,342,136 shares through life insurance contracts with SEB Life International Assurance Company DAC.
Contact Information:
For more information or inquiries, please contact Tore Formo, the Group CFO, at +47 916 68 678.
This information is published in accordance with the disclosure requirements outlined in Section 5-12 of the Norwegian Securities Trading Act.