Scout Gaming Group issue new shares

Scout Gaming Group has deviated from the shareholders’ preferential rights through the implementation of a directed new issue of 900,000 shares at SEK 47 per share.

The company will use the approximate SEK 42 million raised primarily to fund the completion of expansion in the US market where the Company recently entered into two partnership agreements with Milestone Entertainment and Metric Gaming, but also to expand its operations in existing and new markets.

The new issue was signed by Swedbank Robur, which after the Rights Issue becomes a significant owner with 1 180 000 shares or 8.88 percent of the share capital.

Other existing shareholders such as Novobis AB, Knutsson Holding AB and Lars Wingefors AB have also subscribed for shares in the rights issue.