Bragg Gaming Announces Grant of Stock Options and DSUs
TORONTO and LONDON, March 15, 2019 /CNW/ - Bragg Gaming Group Inc. ("Bragg" or the "Company") (TSXV: BRAG) has granted an aggregate of 1,000,000 stock options (each, an "Option") to certain directors of the Company in accordance with the Company's stock option plan. Each Option is exercisable into one common share in the capital of the Company (each, a "Share") at a price of $0.56 per Share, for a period of five years from the date of grant. The Company also granted an aggregate of 100,000 deferred share units ("DSUs") pursuant to the Company's Deferred Share Unit plan to an officer of the Company. The DSUs vest immediately and may only be redeemed upon a holder ceasing to be an officer of the Company.
About Bragg Gaming
Bragg Gaming Group is a next generation gaming group, formed by a group of gaming industry veterans. Built on the foundation of the recently acquired Oryx, a turn-key gaming solution provider in a significant growth stage, Bragg focuses on the newly emerging area of legalized U.S. sports betting and the burgeoning e-sports industry, paving the way to become a global leader in the new gaming frontier.
SOURCE Bragg Gaming Group
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