Bragg Gaming CEO Mazij to sell 1.03M shares at $2

Executive Summary

• Bragg Gaming Group Inc. facilitated a block trade of 1,039,000 common shares by CEO Matevz Mazij, executed via his holding company K.A.V.O. Holdings Ltd.
• The transaction was completed on February 26, 2026, at a price of $2.00 per share, generating aggregate gross proceeds of $2,078,000.
• The sale was permitted through a limited waiver of the company's scheduled blackout period to address urgent personal financial circumstances, with the board confirming no material non-public information was possessed.

Key Details

• Transaction Structure: Block sale of 1,039,000 common shares to a single purchaser in a private transaction.
• Price and Proceeds: Sold at $2.00 per common share; aggregate gross proceeds of $2,078,000.
• Parties Involved: Seller is K.A.V.O. Holdings Ltd. (holding company for CEO Matevz Mazij); Purchaser is a single entity subject to a customary non-disclosure agreement and six-month lockup.
• Blackout Waiver: The Board of Directors approved a limited waiver of the scheduled blackout period to allow the sale, citing urgent personal financial circumstances and ensuring the CEO was not in possession of material non-public financial information following the preliminary Q4/full year 2025 results announcement.
• Pre-Sale Holdings: Prior to the sale, the Mazij Group held 4,434,000 common shares (17.70% of issued and outstanding shares), plus 25,000 options and 283,476 stock appreciation rights.
• Post-Sale Holdings: Following the sale, the Mazij Group holds 3,395,000 common shares (13.55% of issued and outstanding shares), plus 25,000 options and 283,476 stock appreciation rights.
• Regulatory Compliance: Disclosure provided pursuant to National Instrument 62-103 (Early Warning System); reports filed with regulatory authorities in each jurisdiction.
• Future Intent: Mr. Mazij may acquire or dispose of additional shares in the future depending on market conditions and investment diversification.

Notable Quotes

• "The board granted the waiver in response to a request from Mr. Mazij to address urgent personal financial circumstances."
• "The board determined that granting the waiver was in the best interests of the company and shareholders in order to facilitate the sale in an orderly manner."