Investors holding GAMIVO shares at the end of the trading session on June 28, 2023, are entitled to receive free shares. The issuance of these shares will be on a 1:1 basis, meaning that for each GAMIVO share held, shareholders will receive one free share. These shares will be visible in investors’ brokerage accounts after their registration in KDPW, which is expected to take place in the third and fourth quarters of this year. The introduction of the shares for trading on the stock exchange is possible within this year.
The issuance of bonus shares and share buybacks were approved by the Extraordinary General Meeting of Shareholders on May 23, this year. This is an alternative method of distributing the record profit achieved in 2022. The aim of these actions is also to improve the liquidity of the company’s shares.
“Our goal is to introduce the shares to trading on the stock exchange within this year. Before that happens, the share issuance must be registered by KRS and the shares registered in KDPW. Then we will start the final process of introducing the shares for trading. The whole process should be completed within this year, but the exact dates of each stage are also dependent on external institutions,” explains Tomasz Lewandowski, a member of the GAMIVO board.
