Brief: Gaming Corps Invests At Vavel Game Studio

Gaming Corps AB

30/05/2018 14:45

May 30 (Reuters) - GAMING CORPS AB  GCOR.ST :
    * GAMING CORPS INVESTS VIA CONVERTIBLE LOANS AT VAVEL GAME
STUDIO
AND TAKES THEM TO THE SWEDISH STOCK EXCHANGE
    * GAMING CORPS OWNERSHIP IN VAVEL WILL BE APPROX 14,8
PERCENT
    * WILL INVEST UP TO 250 KUSD IN UP TO THREE TRANCHES VIA
CONVERTIBLE LOANS
    * CONVERTIBLE LOANS CAN BE EXCHANGED FOR SHARES TO A COMPANY
VALUATION OF 25 MSEK
    * DEAL IS AIMED AT LISTING VAVEL AT A SWEDISH MTF STOCK
EXCHANGE
IN 2018

Source text for Eikon:  ID:nWkr3KpKgc 
Further company coverage:  GCOR.ST 

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