MONTREAL, Dec. 5, 2012 /CNW/ - Amaya Gaming Group Inc. ("Amaya" or the
"Corporation") (TSXV: AYA), an entertainment solutions provider for the
regulated gaming industry, announced today that it granted an aggregate
of 1,660,000 options to officers, employees, directors and consultants
of Cadillac Jack, Inc. ("Cadillac Jack"), of which 800,000 were issued
to officers and insiders of the company, on November 30, 2012 at an
exercise price of $4.24 per share. Cadillac Jack is a wholly owned
subsidiary of Amaya that was acquired by the Corporation on November 5,
2012. Amaya also issued 387,500 options on September 4, 2012 to
officers and directors of the Corporation at an exercise price of $4.20
per share. The closing trading price of Amaya's common shares on the
prior trading day was $3.75. The date of SEDI filing of this
transaction was September 7, 2012.
Each of the options described above is exercisable to acquire one common
share of Amaya and is subject to the provisions of the stock option
plan of the Corporation. The expiration date of the options is five
years following the date of issuance. The options will vest annually
over a period of four years. The options granted have been approved by
the Board of Directors.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Founded in 2004, Amaya Gaming Group Inc. is a technology based gaming
provider for the regulated gaming industry. An expansive global
organization, present in North America, Latin America, Europe, and
Asia, Amaya is an innovator in the gaming world.
Headquartered in Montreal, Canada, Amaya provides a host of services and
solutions that range from: online and mobile casino games and
platforms, traditional and mobile lotteries, hospitality in-room
entertainment systems, management systems, content suites, advisory and
management services, and integrity monitoring and auditing systems for
the regulated gaming markets. For more information please visit www.amayagaming.com or www.amayaonline.com.
SOURCE: AMAYA GAMING GROUP INC.
For further information:
416-815-0700 ext. 251