Victory Square Technologies - CEO, Shafin Diamond Tejani.
CEO, Shafin Diamond Tejani.
Source: Western University.
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  • Victory Square (VST) has declared a special dividend from its interest in GameOn Entertainment Technologies
  • The dividend represents approximately 2,000,000 GameOn common shares
  • Victory Square shareholders of record as of May 21, 2021 are entitled to receive 20.74989 GameOn shares per 1,000 Victory Square shares held
  • The dividend will be payable on Thursday May 27, 2021
  • The company expects GameOn to begin trading on the CSE in early June
  • Victory Square builds, acquires and invests in promising startups specializing in cutting-edge tech shaping the 4th Industrial Revolution
  • Victory Square (VST) closed the day up 2.53 per cent trading at $0.81 per share

Victory Square (VST) has declared a special dividend from its interest in GameOn Entertainment Technologies.

The dividend represents 12.4 per cent of Victory Square’s holdings in GameOn Entertainment or approximately 2,000,000 GameOn common shares.

Victory Square shareholders of record as of May 21, 2021 are entitled to receive 20.74989 GameOn shares per 1,000 Victory Square shares held.

Victory Square will trade on an ex-dividend basis on May 20, 2021 while the dividend will be payable on May 27, 2021.

No fractional GameOn shares will be issued as part of the dividend.

GameOn recently received conditional approval to list on the Canadian Securities Exchange and is expected to commence trading in early June under the symbol GET.

Victory Square’s Board of Directors has also approved a dividend reward initiative for its other portfolio company, Fantasy 360 Technologies, whereby common shares currently held by Victory Square would be distributed to Victory Square shareholders.

Victory Square builds, acquires and invests in promising startups specializing in cutting-edge tech shaping the 4th Industrial Revolution.

Victory Square (VST) closed the day up 2.53 per cent trading at $0.81 per share.

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