G5 Entertainment AB: Postponement of warrant issue

2014-07-21 PRESS RELEASE

The board of G5 Entertainment AB (G5) has decided to postpone the issue of new warrants to employees that was resolved during the annual general meeting on May 20.

The board has concluded that considering the development of the price of the G5 share since the annual general meeting, the terms of the issue have become such that its purpose, namely to offer key employees an attractive yet affordable incentive to contribute to the company’s long-term success, won’t be achieved as intended.

The board intends to make a new proposal for an issue of warrants with updated terms, for the shareholders to approve later during the fall.