Gentoo Media Inc. Emerges with New Name and Ticker Changes

Overview of the Name Change to Gentoo Media Inc.

ST JULIANS, Malta — Gaming Innovation Group Inc. has officially transitioned its name to Gentoo Media Inc. This change comes in the wake of a special resolution passed at the recent Special Meeting of Shareholders. The new name signifies an exciting new chapter for the company as it redefines its brand and focuses on the media sector.

Effective Changes to Tickers

The name change to Gentoo Media Inc. has been registered through the Amended and Restated Certificate of Incorporation, which has been duly filed. Subsequently, the company will implement a corresponding change in its tickers on major stock exchanges. Shareholders should note that while the ticker symbol on the Oslo Stock Exchange will be altered from "GIG" to "G2MNO," the Nasdaq Stockholm will shift its ticker from "GIGSEK" to "G2M". This step simplifies the identification of the company under its new name.

Restructuring Initiatives Post-Name Change

As part of the restructuring plan, the company is gearing up to spin off its GiG Platform business into an independent entity known as GiG Software PLC. This spinoff aims to focus on enhancing both companies’ operational capabilities. The assets of the GiG Platform will be separated and provided to shareholders in the form of depository receipts, ensuring a smooth transition for investors.

Details on the Spinoff

Investors will receive Norwegian Depository Receipts (NDRs) if they hold shares in Euronext Securities Oslo (VPS) and Swedish Depository Receipts (SDRs) if their shares are held in Euroclear Sweden. This strategic move will enable both Gentoo Media Inc. and GiG Software PLC to function independently, fostering specialized growth in their respective fields.

Continued Focus on Media Services

With the transition to Gentoo Media Inc., the company will remain dedicated to delivering high-quality media solutions within the industry. The focus will be to leverage innovative technologies and provide exceptional services that meet the demands of clients in the ever-evolving gaming market.

Commitment to Growth and Profitability

Gentoo Media Inc. aims to fulfill its mission of driving sustainable growth and profitability through advanced product offerings and technology. The company is committed to ensuring that its partners benefit from cutting-edge solutions that enhance their market presence and operational efficiency.

Contact Information for Inquiries

For those seeking more information regarding these developments, please reach out to:

Mikael Riese Harstad, Chairman of the Board, +44 7984183850
Tore Formo, Group CFO, +47 916 68 678

About Gentoo Media Inc.

Gentoo Media Inc., formerly known as Gaming Innovation Group, is at the forefront of iGaming technology, providing innovative solutions and services tailored for iGaming operators, founded in 2012. The company's vision focuses on becoming the leading platform and media provider in the industry, offering world-class solutions to enhance customer and partner experiences alike.

Frequently Asked Questions

What is the new name of Gaming Innovation Group?

The company has changed its name to Gentoo Media Inc.

What are the new ticker symbols for Gentoo Media Inc.?

The ticker on the Oslo Stock Exchange will change to G2MNO, while Nasdaq Stockholm will adjust it to G2M.

What is the aim of the spinoff of GiG Software PLC?

The spinoff is aimed at facilitating independent growth and specialization for both Gentoo Media Inc. and GiG Software PLC.

How will the spinoff affect current shareholders?

Current shareholders will receive depository receipts, allowing them continued ownership interest in both companies.

What services does Gentoo Media Inc. provide?

Gentoo Media Inc. specializes in providing iGaming technology solutions and services, helping operators succeed in a competitive market.

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