On January 22, 2021, the board of directors
(the “Board”) of Elys Game Technology, Corp. (“the “Company”) pursuant to the Company’s employment
agreement with Michele Ciavarella, dated December 31, 2018, as amended July 5, 2019 and December 30, 2020, in lieu of $140,000
of base salary payable to him in respect of calendar year ending December 31, 2021, issued Mr. Ciavarella a restricted stock grant
(“RSUs”) under its 2018 Equity Incentive Plan, as amended (the “Plan”), vesting upon issuance, to purchase
24,476 shares of the Company’s common stock.
In addition, on January 22, 2021, in lieu of
$1,003,265.12 of accrued salary payable to him, the Board issued Mr. Ciavarella RSUs under its Plan, vesting upon issuance, to
purchase 175, 396 shares of the Company’s common stock.
On January 22, 2021, as a performance bonus
award, the Board issued Alessandro Marcelli, Beniamino Gianfelici, Luca Pasquini, Gabriele Peroni and Franco Salvagni RSUs under
its Plan, vesting upon issuance, to purchase 34,002, 63,278, 44,968, 74,294 and 70,807 shares of the Company’s common stock,
On January 22, 2021, in lieu of $5,245 of accrued
director fees payable to him, the Board issued Steve Shallcross RSUs under its Plan, vesting upon issuance, to purchase 5,245 shares
of the Company’s common stock.
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 26, 2021
ELYS GAME TECHNOLOGY, CORP.
By: /s/ Michele Ciavarella
Name: Michele Ciavarella
Title: Executive Chairman
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Other recent filings from the company include the following:
Notice of Effectiveness - April 21, 2021
Current report, items 8.01 and 9.01 - April 20, 2021
Empire Global: Elys Game Technology Achieves Record Annual Revenue Of $37.3 Million For 2020 - April 14, 2021
Post-Effective amendments for registration statement - April 13, 2021
Annual report [Section 13 and 15(d), not S-K Item 405] - April 13, 2021