Compliance Updates

Stefan Lundborg leaves the Board of Directors at Kindred Group

Published

4 years ago

December 4, 2020

George Miller

Kindred's revenue from harmful gambling decreased to 3.3 per cent in the first quarter of 2022

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Stefan Lundborg has informed Kindred Group that he will resign from his role as non-executive Director at Kindred Group with immediate effect.

Kindred Group’s non-executive Director Stefan Lundborg has informed the company that he will resign from his role as non-executive Director at Kindred Group with immediate effect. The resignation is related to Stefan Lundborg being investigated for insider crime by the Swedish Economic Crime Authority (SECA). Kindred does not have further information at this time and is fully cooperating with the Public Prosecutor and the SECA in their investigations.

“The resignation of Stefan Lundborg was unavoidable considering the investigation against him by the Swedish Economic Crime Authority. The Board would like to emphasize that no other representatives of the company have been served any suspicion of misconduct and neither is the company itself under any suspicion”, comments Anders Ström, Chairman of the Board at Kindred Group.

Additional information will be provided to the market when required, however no further comments will be given as long as the investigation is ongoing.

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George Miller

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.