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Hamilton, Bermuda:  31st, October 2022 – In a filing with the Bermuda Stock Exchange (“BSX”), G2D Investments, Ltd. (the “Company”) (Ticker: G2DA.BH) gives notice of Beneficial Ownership/Control.The full filing stated:

 

NOTICE OF BENEFICIAL OWNERSHIP/CONTROL

 

We refer to Section IIA of the Listing Regulations of the Bermuda Stock Exchange (the “BSX Listing Regulations”) and to our letter to the Exchanged dated 19 August 2022 (the “Letter”).

 

In accordance with paragraph 6.14(2) of Chapter 6, Section IIA of the BSX Regulations, we hereby notify the Exchange that Spice Private Equity (Delaware) LLC (“Spice Delaware”) has acquired in aggregate 2,071,939 Brazilian depositary receipts (“BDRs”) representing 2,071,939 Class A common shares of G2D Investments, Ltd. (the “Company”). The BDRs held by Spice Delaware represent a 5.28% interest in the listed securities of the Company (the “Acquisition”).

 

Spice Delaware is a Delaware entity which is a wholly-owned subsidiary of Spice Private Equity Ltd., a Swiss public company (“Spice PE”). Spice PE is controlled by GP Investments, Ltd., a Bermuda exempted company whose Class A shares are listed on the Luxembourg Stock Exchange and whose registered office is at 16 Burnaby Street, Hamilton HM 11, Bermuda (“GP Investments”).

 

As noted in the Letter, GP Investments had a beneficial interest in 7,103,212 Class A common shares of the Company which represented an 18.10% interest in the listed securities of the Company. As a consequence of the Acquisition, GP Investments’ beneficial interest in the Class A common shares of the Company has increased from 18.10% to 23.37%.

 

We further notify the Exchange that as a consequence of the Acquisition, Spice PE holds an indirect 5.28% interest in the listed securities of the Company.

 

None of the directors or officers of the Company has a direct interest in the equity or debt securities of the Company or any of its subsidiaries.

 

 

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