Gentoo Media
Gentoo Media - 2025 Option Plan and grant of options to certain key employees
On April 10, 2025, the Board of Directors of Gentoo Media Inc. formally approved a share option plan designed for key employees of the company. This initiative aims to align the interests of the executive leadership with those of the shareholders and to support the company's strategic objectives in expanding its digital media and affiliate marketing operations. The implementation of this option plan demonstrates Gentoo Media’s commitment to attracting and retaining highly qualified talent, thereby fostering long-term growth and innovation.
The aggregate number of shares authorized for issuance under this plan is capped at 7,880,416 shares, which constitutes 5.85% of the total share capital of the Issuer, and of which 6,810,000 options have been granted to date. The grants are divided into three distinct tranches, each with specific vesting dates: January 1, 2028, January 1, 2029, and January 1, 2030. Corresponding exercise prices for these tranches are set at SEK 21.25, SEK 23.37, and SEK 25.71, respectively. Eligibility for vesting is contingent upon continued employment through each applicable vesting date. The outstanding number of shares in Gentoo Media is 134,707,974 and 7,846,000 options are outstanding.
The administration of these stock option awards is governed by the Gentoo Media Inc. 2025 Option Plan and its associated award agreements. These documents include detailed provisions regarding forfeiture upon termination, change of control acceleration, and standard clauses relating to good leavers and bad leavers.
The following Persons Discharging Managerial Responsibilities (PDMRs) have been granted options: Jonas Warrer, CEO, has been granted 2,000,000 options. After the grant, Jonas Warrer and close associates hold 2,060,000 options and 735,058 shares in Gentoo Media. Mads Albrechtsen, CFO, has been granted 500,000 options. After the grant, Mads Albrechtsen holds 500,000 options and 0 shares in Gentoo Media. Formal PDMR notifications, in compliance with Article 19 of the Market Abuse Regulation, are provided as attachments.
For further information, contact:
Tore Formo, tore.formo@g2m.com +47 916 68 678
This information is subject to the disclosure requirements pursuant to the market abuse regulation article 19 and 5-12 of the Norwegian Securities Trading Act.
About Gaming Innovation Group (GiG)
Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. Through its subsidiary Titan Inc. the company also sells SEO and content services to online businesses. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker "G2MNO") and Nasdaq Stockholm (ticker "G2M"). www.gentoomedia.com.
Datum | 2025-04-25, kl 08:02 |
Källa | Cision |
