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Better Collective establishes new Long Term Incentive Plan for key employees in the Better Collective group
The board of directors (the “Board“) of Better Collective A/S has decided to implement a new Long Term Incentive Plan (the “LTI“) for key employees in the Better Collective group. Grants under the new LTI will be in the form of performance share units and share options vesting over a 3-year period. The executive management of Better Collective A/S will not receive any grants under the LTI.
The LTI has been designed by the Remuneration Committee and approved by the Board with the focus to appropriately retain, motivate and reward selected key employees in the Better Collective group. The intent is also to support sustainable value creation for the shareholders as well as aligning the interests of participants in the LTI to those of the Better Collective A/S’ shareholders. To achieve this, the LTI provides an opportunity to participate in the value creation of Better Collective A/S by rewarding business performance against selected metrics as well as share price growth.
In total the grants under the LTI in 2022 covers 71,432 performance share units and 23,221 share options to 35 key employees in total. Though it is the intention that the program will be revolving with a yearly grant, the size of such grants and the allocation hereof in the following years, will be at the full discretion of the Board.
The total value of the 2022 LTI grant program is 1.4 mEUR (Calculated @Black-Scholes value) measured at the target level, which is to say 100% achievement of the financial goals. If the financial goals are not met, the value of these grants will be zero. If exceptional performance above target is achieved on the financial goals, the maximum value of the 2022 LTI grants can reach 2.8mEUR (@Black-Scholes value), assuming a constant share price.
The grant value of the program (Black Scholes formula) will be evenly expensed as an employee remuneration cost during the vesting period. The cost will be revalued at each period based on the forecasted performance on the financial KPIs at that time and the expected retention rate of the employees included in the program.
The LTI will have no dilutive effect on Better Collective A/S’ shareholders, since Better Collective A/S intends to initiate share buy-back programs to meet its obligations under the LTI.
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TaDa Gaming Helps Players Go for Gold with Money Pot
TaDa Gaming is rounding up the year with pots of gold and a wealth of wins in Money Pot.
The feature loaded slot offers Scatters, Multipliers, Mystery Symbols, Jackpots and the Golden Lock & Respin feature, in a three reels, three rows, three fixed paylines release.
Traditional Yuanbao ingots bring multipliers from 0.5x to 10x depending on their colour. Mystery Symbols will spin and reveal Yuanbao, or the Mini, Minor and Major jackpots, which offer 15x, 25x and 50x the bet and can even trigger the bonus game which awards retriggerable Free Spins.
The Mystery Jackpot symbol can only reveal itself in the bonus game and nine identical symbols will trigger the Grand Jackpot for 3,000x the bet.
Caishen is both the Scatter, triggering the Golden Lock and Respin bonus game and a bonus collector. On a winning combination, he will collect and add all the Yuanbao symbols’ values to carry over to the bonus game. If there are no Yuanbao , multiplier symbols of 2x sequentially up to 20x the bet will take their place.
Money Pot also offers the TaDa Extra Bet feature. Players can choose either 1.5x bet to double the chance of triggering Golden Lock & Respin or 3x bet to quadruple the chances. Whatever they choose, the money pot is certainly on the table in this colourful and engaging release.
Sean Liu, Director of Product Management, TaDa Gaming, said: ‘As we approach Chinese New Year, we want our players to celebrate with immersive entertainment and multiple ways to win. Money Pot delivers on all fronts and, with 3,000x max win potential, it’s a great way to start the new year.’
The post TaDa Gaming Helps Players Go for Gold with Money Pot appeared first on European Gaming Industry News.
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ALT Sports Data Signs On as Latest Contributor to FeedConstruct’s Odds Aggregation Platform
FeedConstruct, a multi-award-winning provider of data feed solutions, has partnered with ALT Sports Data to integrate its specialized offerings into FeedConstruct’s innovative Odds Aggregator. This collaboration will grant operators access to a dynamic range of premier emerging and alternative sports content tailored for the evolving demands of modern bettors.
ALT Sports Data, renowned for its expertise in non-traditional and fast-growing bet-able sports, brings a fresh dimension to FeedConstruct’s platform. This partnership will enable betting operators to offer markets on some of the most engaging and content-rich properties across:
- Motorsports
- Combat Sports
- Action / Adrenaline Sports
The post ALT Sports Data Signs On as Latest Contributor to FeedConstruct’s Odds Aggregation Platform appeared first on European Gaming Industry News.
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Unleash your wild side with Potion of Madness
Play’n GO taps into the dark allure of duality with Potion of Madness, a bold, comic-book-inspired slot based on the timeless tale of Dr Jekyll and Mr Hyde.
Potion of Madness plunges players into a laboratory of chaos, where brilliant scientist Dr Jekyll and his monstrous alter ego, Mr Hyde, battle for control. This 5-reel video slot transforms with every Scatter, bringing Sticky Wilds, Re-Spins, and Free Spins into play. With its expanding reels and electrifying visuals, this slot delivers dynamic gameplay that keeps players captivated as they explore the fine line between hero and villain.
Potion of Madness builds suspense and excitement through its transformative mechanics. Dr Jekyll’s experiments unleash Wilds with every Scatter, while two Scatters trigger Re-Spins with Sticky Wilds. Three or more Scatters expand the reels to 5×6 during Free Spins, increasing paylines to 40 and boosting potential rewards with vertically expanding Wilds. Each feature ties seamlessly to the narrative, immersing players in a world of dramatic shifts and thrilling possibilities.
Fans of bold storytelling will appreciate Potion of Madness’s sharp visuals and compelling duality theme. Drawing inspiration from literary classics like Robert Louis Stevenson’s “Strange Case of Dr Jekyll and Mr Hyde,” this game mirrors the high-stakes drama of transformations. Players who enjoyed titles with evolving gameplay mechanics, such as Reactoonz, will find themselves drawn to the unpredictable and rewarding nature of this slot.
Head of Game Retention at Play’n GO, George Olekszy, said: “Potion of Madness captures the essence of thrilling unpredictability. With its dynamic features and evolving reels, players will find themselves immersed in a narrative-driven slot that offers both innovation and monstrous rewards.”
Potion of Madness promises to captivate players with its bold design and feature-rich gameplay – a must-play for those who relish narrative depth and the thrill of transformation.
The post Unleash your wild side with Potion of Madness appeared first on European Gaming Industry News.
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