News

Potentially Material Transactions; Earlier and Staggered Settlement of GIG Public Warrants

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Global InterConnection Group (“GIG”) sets out the process for the settlement and issuance of GIG Shares, Reward Shares and 2056 Bonds pursuant to the early exercise of GIG Public Warrants.

Press and Investor Information

As previously notified, GIG continues to negotiate with several interconnector asset owners to explore the possibility of GIG acquiring their assets. If one or more of these negotiations, including the RTE Negotiations, materialise into a transaction, it would mark a key step in GIG’s strategy to build a portfolio of interconnectors; and GIG believes this could materially increase the value of GIG and thus the GIG Public Warrants. Please contact GIG for further information.