Betplay Capital Foundation Acquires Shares in Gentoo Media
Notable Share Acquisitions in Gentoo Media
In recent developments, Betplay Capital Foundation, affiliated with primary insiders and Board Members of Gentoo Media Inc., has completed a significant transaction by acquiring 50,000 shares at a price of SEK 26.80 each. This acquisition increases Betplay Foundation's holdings to a total of 6,433,026 shares in Gentoo Media.
MJ Foundation's Share Purchase
Furthermore, MJ Foundation Fundacja Rodzinna, another entity associated with board member Mateusz Juroszek, has also engaged in purchasing 550,000 shares at a price of SEK 26.83 per share. As a result of this transaction, MJ Foundation's stake in Gentoo now stands at 17,469,136 shares.
Influence of Close Associates
After these notable transactions, it is revealed that close associates of Mateusz Juroszek collectively hold 23,902,162 shares, while associates of Tomasz Juroszek maintain a holding of 6,433,026 shares in Gentoo Media. These strategic shareholdings indicate a strong alignment with the management's vision and future aspirations for the company.
Understanding Disclosure Requirements
This information falls under the disclosure requirements as stipulated by Section 5-12 of the Norwegian Securities Trading Act. Transparency in trading activities is essential for maintaining trust and integrity in the market.
About Gentoo Media Inc.
Gentoo Media Inc. is recognized as a leading affiliate within the online gambling and sports betting sector. The company specializes in creating valuable connections between operators and players, thereby enhancing the overall industry experience. With their extensive range of iGaming affiliate solutions, Gentoo Media facilitates paid marketing and delivers quality traffic through popular industry platforms such as AskGamblers, Time2Play, CasinoTopsOnline, WSN, and Casinomeister.
Transition and Growth
In a significant transition in 2024, Gentoo Media rebranded from its former title of GiG Media following a legal separation that established independent operations for its Media and Platform divisions. Now dual listed on the Oslo Stock Exchange (ticker 'G2MNO') and Nasdaq Stockholm (ticker 'G2M'), Gentoo Media Inc. is poised for further growth in the dynamic gaming industry.
Frequently Asked Questions
What is the significance of the recent share acquisitions by Betplay Capital Foundation?
The acquisition of shares by Betplay Capital Foundation signifies a strong commitment to Gentoo Media’s growth and reflects confidence in the company’s future direction.
How many shares does MJ Foundation hold after its acquisition?
After acquiring 550,000 shares, MJ Foundation now holds a total of 17,469,136 shares in Gentoo Media.
What is the total amount of shares held by close associates of Mateusz Juroszek?
Close associates of Mateusz Juroszek collectively hold 23,902,162 shares in Gentoo Media.
Why is transparency in financial transactions important?
Transparency in transactions upholds market integrity, enhancing investor trust and ensuring compliance with regulations.
What are the new stock tickers for Gentoo Media Inc.?
Gentoo Media Inc. is dual listed on the Oslo Stock Exchange under the ticker 'G2MNO' and on Nasdaq Stockholm under the ticker 'G2M'.
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