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Gentoo Media - 2025 Option Plan and grant of options to certain key employees
25 Apr 2025 08:02 CEST
Issuer
Gentoo Media Inc.
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.
More information:
Access the news on Oslo Bors NewsWeb site
644411_JW_PDMR_Notification_form.pdf
644411_MA_PDMR_Notification_form.pdf
Source
Gentoo Media Inc.
Provider
Oslo Børs Newspoint
Company Name
GENTOO MEDIA INC.
ISIN
US36467X2062
Symbol
G2MNO
Market
Euronext Oslo Børs