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REMEDY ENTERTAINMENT PLC: Board of Directors decided on a new option plan

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Board of Directors decided on a new option plan

The Board of Directors of Remedy Entertainment Plc has, by virtue of the authorization granted by the Annual General Meeting held on April 8, 2019, decided to adopt an option plan “Option Plan 2019” directed to the key persons as decided separately by the Board of Directors. There is a weighty financial reason to issue the option rights as the option plan is a part of the company’s incentive and commitment scheme for key persons.

The maximum total number of option rights issued is 400,000, entitling their holders to subscribe for a maximum of 400,000 new shares of the company or existing shares held by the company. The option rights will be granted without payment. The Board of Directors may allocate option rights until the beginning of the share subscription period. The share subscription period shall begin on June 1, 2022, and end on May 31, 2025.

The share subscription price is EUR 9.23, which is the trade volume weighted average price of the company’s share on First North Finland marketplace during April 1 – June 30, 2019, with an addition of 10 percent.

The number of company’s shares may increase at maximum by 400,000 shares as a result of the share subscriptions with the option rights, equaling to 3.21 percent of all shares and votes in the company after the possible share subscription, if only new shares are issued in the subscription. In addition, the company has earlier issued 400,000 option rights under the Option Plan 2018.

The Board of Directors has decided to issue 400,000 option rights, which remain with the company to be allocated later to key persons decided by the Board of Directors.

The now decided “Option Plan 2019” is a part of the Board of Directors’ longer-term plan to introduce a long-term share-based incentive program to the company’s key persons during the years 2018–2020, corresponding a total of 10 percent of all company shares and votes after a potential subscription. Possible option plan for 2020 will be decided separately.

The terms and conditions of Option Plan 2019 are available for viewing on the company’s web site at www.remedygames.com/investors/.

Remedy Entertainment Plc

 

REMEDY IN BRIEF
Remedy Entertainment Plc is a globally successful video game company known for story-driven and visually stunning console and computer games such as Alan Wake and Max Payne. Founded and based in 1995, Finland, the company employs over 200 game industry professionals from 25 different countries. Remedy is listed on the Nasdaq First North marketplace.

Our latest games include Control, a supernatural action-adventure created by Remedy and to be published by 505 Games on August 27th 2019 on PlayStation 4, Xbox One and PC, as well as a cooperation project with Smilegate, based on Crossfire, which is one of the world’s biggest game brands. Remedy also develops its own Northlight game engine and game development tools. www.remedygames.com

 

Source: Globenewswire

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: REMEDY ENTERTAINMENT PLC: Board of Directors decided on a new option plan

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Week 42 slot games releases

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Week 42/2019 slot games releasesReading Time: 4 minutes

 

Let’s have a look at this week’s latest slot game releases

NetEnt has expanded its selection of Asia-inspired slots with the launch of the highly energetic Sweety Honey FruityTM. The low-medium volatility game is a five-reel, 15-bet line video slot that combines an Oriental backdrop and traditional music with an exotic fruit theme. Dragon fruit, star fruit and juicy melons are among the tasty treats bursting onto the reels and combining to activate wild substitutions and free spins. Sweety Honey Fruity is NetEnt’s latest Asian-focused title, following last month’s release of Twin HappinessTM.

NetEnt - Sweety Honey Fruity

 

Microgaming has launched the latest slot game Deco Diamonds Deluxe, developed by Just For The Win. Deco Diamonds Deluxe is a vibrant five-reel, nine-payline, high-volatility online slot gleaming with diamond-encrusted reels, glitzy symbols and a swinging soundtrack. Offering a unique slice of 20s nostalgia, Deco Diamonds Deluxe is now available exclusively to Microgaming operators.

Microgaming - Deco Diamonds Deluxe

 

Endemol Shine Gaming has launched its new video slot Monster Meltdown, which introduces a brand new mechanic, Scatterways. Monster Meltdown is set in an industrial laboratory where robots work to rear radioactive monsters to use for scatterways wins. The robots can also trigger features with the levers to help maximise the wins.

Endemol Shine Gaming Launches Monster Meltdown Video Slot

 

The fascinating Volcano Wealth video slot from EGT Interactive has the awesome 100 fixed pay lines, so you get the max number of winning chances on each spin, 4 reel positions and 5 reels. The smooth graphic is in the hot theme with variety of fairy symbols. “Volcano” symbol is Wild and appears on all reels. It substitutes for all symbols on the same reel except Scatters. One of the main bonus features is a four-level mystery jackpot cards. Three or more Scatters trigger the other main, bonus feature – FREE SPINS. Available both on desktop and mobile.

Volcano Wealth. New video slot proposal from EGT Interactive

 

Tom Horn Gaming’s new slot game, Hot’n’Fruity, promises to satisfy any craving for a feature-packed, visually attractive gaming entertainment. In recent months the provider has upped its game, releasing more engaging titles with new innovative features, while still keeping classic player experience alive. This well-balanced combination of new ideas, presented in the form of game mechanics, and a tried and tested game concept, theme or visual is reflected also in Hot’n’Fruity.

Tom Horn’s Hot’n’Fruity promises classic entertainment with huge winning potential

 

Scary critters are lurking in the darkness of Greentube’s Home of Games with the arrival of the brand-new spooky slot, Bat Stax™. This hauntingly exciting new title is now available for all B2B partners – if they dare! Those who embrace the darkness in the 5-reel slot Bat Stax™ chance generous wins if the creatures of the night land in their favour. The thrilling gameplay requires players to be at their bravest as they head into the deepest, darkest caves in search of treasure.

Greentube's Latest Slot Release - Spooky Times Ahead In Bat Stax™

 

Yggdrasil, the innovative online gaming solutions provider, has released its darkest slot yet in time for Halloween, Blood Moon Wilds. The 3×5 game, set in the spooky bayou surrounding New Orleans, sees humans transform into treasure-seeking Werewolves under the light of the full moon. The title, which has been designed exclusively for GVC, is packed full of innovative features which can generate massive win potential. The lunar calendar appears on a dial above the game screen and turns with every spin. When the full moon lands in the base game the high pay symbol villagers are transformed into Werewolf Wilds.

Yggdrasil - Blood Moon Wilds

 

Play’n Go have provided the industry with more new content today, with the release of their new slot Cash Pump. Another innovative offering from the slot supplier, Cash Pump’s takes the novel approach of combining FOUR classic slot machines into one game! This gives players 4 different 3×3 reel play areas to win on with every spin. The game brings the 4 slots together with its creative in-game features. Firstly, the Free Spin mode is activated by landing Scatters on each slot, and landing a strip of Wilds on the middle reel of any play area duplicates across all four slots.

Play’n GO hit the Road with Latest Slot Release

 

Microgaming travels deep into the jungles of Africa with 9 Masks of Fire™, the latest online slot developed exclusively by Gameburger Studios, creators of the hit debut slot, Break da Bank Again Respin. 9 Masks of Fire is the second title from Gameburger Studios, a new independent game studio serving up exclusive, mouth-watering content to Microgaming. Ignited with glowing visuals, this fiery African-themed, 20-payline slot takes players on a search for coveted masks of fire across five red-hot reels fuelled by powerful gameplay features, including free spins, Mask Pays, and the Free Spin Wheel.

Microgaming sets the reels ablaze in 9 Masks of Fire™

 

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Week 42 slot games releases

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Interblock Signs License Agreement with National Hockey League

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Interblock Signs License Agreement with National Hockey LeagueReading Time: 1 minute

 

Electronic Tables Games Decorated with all 31 NHL Team Logos

Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock® today announced it has signed a license agreement with the National Hockey League (NHL ®) to incorporate League and Team logos into Stadium and standalone products.

John Connelly, CEO of Interblock commented “The historical synergy between sports and table game players made signing a deal with the NHL all the more exciting.  This collaboration will create a new portfolio of Electronic Table Games designed to attract a new type of patron to casino floors across North America. The NHL has given Interblock the ability to feature all 31 team logos in the design of our machines, where available, across North America.  Interblock will begin introducing the initial products in Q1 of 2020.

 

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Interblock Signs License Agreement with National Hockey League

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Puma Partners with Cloud9

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Puma Partners with Cloud9Reading Time: 1 minute

 

Puma has announced a multiyear partnership with esports brand Cloud9 to create an apparel collection for gamers.

“Tapping into the world of esports, and its broad, dynamic consumer audience, is critical to our marketing strategy moving forward,” Adam Petrick, global director of brand and marketing at Puma said.

“Being able to transcend esports and elevate our brand within a broader global audience is the natural evolution of the growth of Cloud9,” Jordan Udko, executive vice president, commercial partnerships for Cloud9 said.

The effort to capture consumers interested in esports to buy sneakers and apparel may be difficult for Puma and others, according to Matt Powell, a senior industry analyst for market researcher NPD Group.

“It’s really going to be interesting to see if anyone can monetize it. There is an opportunity for a connection. Players want to identify themselves as players. If this is how they choose to do it, there is a monetary opportunity. Whether the esports player is focused on that as much as the real sports player remains to be seen,” Powell said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Puma Partners with Cloud9

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