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Gentoo Media - Mandatory notification of trade

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MJ Foundation Fundacja Rodzinna, a company associated with Mateusz Juroszek, Board Member and primary insider of Gentoo Media, has acquired 115,604 shares at SEK 24,996 per share. Following this transaction, Mateusz Juroszek's close associates now hold a total of 24,027,766 shares in Gentoo. The disclosure was made in compliance with Section 5-12 of the Norwegian Securities Trading Act.

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Positive

  • Significant insider share acquisition of 115,604 shares demonstrates confidence in the company
  • Large insider holding position of 24,027,766 shares indicates strong alignment with shareholder interests

Negative

  • None.

News Market Reaction 1 Alert

-72.90% News Effect

On the day this news was published, GIGI declined 72.90%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ST JULIANS, Malta, Nov. 13, 2024 /PRNewswire/ -- MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

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. 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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media---mandatory-notification-of-trade,c4066199

Cision View original content:https://www.prnewswire.com/news-releases/gentoo-media---mandatory-notification-of-trade-302305029.html

SOURCE Gentoo Media Inc

FAQ

How many shares did MJ Foundation Fundacja Rodzinna acquire in Gentoo Media (GIGI) on November 13, 2024?

MJ Foundation Fundacja Rodzinna acquired 115,604 shares in Gentoo Media at SEK 24,996 per share on November 13, 2024.

What is the total number of Gentoo Media (GIGI) shares held by Mateusz Juroszek's associates after the November 2024 purchase?

After the transaction, Mateusz Juroszek's close associates hold 24,027,766 shares in Gentoo Media.

What was the share price of Gentoo Media (GIGI) for the insider purchase on November 13, 2024?

The shares were acquired at a price of SEK 24,996 per share.
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