Hesam Yazdi Acquires New Shares in Gentoo Media, Strengthening His Stake in the Company

Hesam Yazdi Acquires Shares in Gentoo Media



In a recent development, Hesam Yazdi, a key board member of Gentoo Media Inc., has strategically acquired 7,200 shares of the company at an average price of SEK 13.78 per share. As a result of this transaction, close associates of Yazdi now hold a significant total of 969,700 shares in Gentoo Media, enhancing their influence in the organization.

This acquisition comes during a pivotal phase for Gentoo Media, a recognized leader in providing affiliate solutions within the online gambling and sports betting sectors. The company was formerly known as GiG Media until it rebranded as Gentoo Media Inc. in 2024 following a legal restructuring. This transition separated its media and platform operations into independently listed companies.

Gentoo Media offers a wide range of iGaming affiliate services, partnering with industry giants like AskGamblers, Time2Play, CasinoTopsOnline, WSN, and Casinomeister. Through these platforms, Gentoo Media has established itself as a crucial connector between operators and players in the online gambling landscape.

The recent share acquisition by Yazdi reflects a strong vote of confidence in the company's future prospects, especially as it continues to adapt and innovate in a highly competitive industry. With federal regulations and market dynamics constantly evolving, having committed insiders like Yazdi holding significant shares can be seen as a positive indicator for investors and stakeholders alike.

Gentoo Media is dual-listed on the Oslo Stock Exchange under the ticker symbol "G2MNO" and on Nasdaq Stockholm as "G2M". For those interested in further information, the company maintains an informative website, where upcoming reports and strategic initiatives are regularly posted.

As the parent company moves forward, all eyes will be on how recent acquisitions and potential future endeavors play out amid market fluctuations and regulatory changes. Investors are encouraged to monitor the company closely as opportunities for growth and advancement within the iGaming space continue to arise.

For inquiries, interested parties can reach Gentoo Media at their investor relations contact through email at ir@gentoomedia.com or phone at +44 7812142118.

This news release is in compliance with the disclosure requirements set forth in Section 5-12 of the Norwegian Securities Trading Act. It serves as an important reminder of the dynamic nature of stock trading and the critical role board members play in the governance and direction of publicly listed companies like Gentoo Media. As shareholders react to these developments, the focus will undoubtedly remain on both the strategic decisions made by the board and the subsequent market reactions to such insider transactions.

Topics Financial Services & Investing)

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