As announced by LeoVegas by way of a press release on 8 September 2022 and by a notice regarding a Change of Control Event to the bondholders and the agent the same day, bondholders have, as a result of the change of control, had a right to request that LeoVegas repurchases Bonds during a certain time period.

The repurchase offer expired yesterday on 14 November 2022 and has thereby been declared concluded. Bondholders have, in connection with the repurchase offer, accepted repurchases of Bonds in a total nominal amount of SEK 203.75 million. The price for repurchased Bonds is 101.00 per cent. of the nominal amount and will be paid together with accrued and unpaid interest for the Bonds on the settlement date, which will occur on 22 November 2022.

The abovementioned notice to the bondholders and the agent and further information regarding the terms and conditions for the repurchase offer are available at the company’s website,  under Investor Relations.

LeoVegas Group and Karolinska Institutet’s Department of Clinical Neuroscience will launch a research project to increase understanding of gambling problems and improve methods for identifying and preventing them by studying the Group’s customer data. The joint project is being funded by LeoVegas Group and is part of the company’s efforts to inform the debate about responsible gaming by providing research to support evidence-based discussions, and ultimately lead to a reduction in the harmful effects of gambling.

Philip Lindner, an associate professor and leader of the university’s research unit with expertise in clinical and applied research in digital psychiatry will lead the project. The university’s research unit aims to develop, evaluate, and implement new tools for mapping and treating mental illness. The collaboration guarantees the researchers academic freedom, and the research will shortly be submitted for ethical review.

Gustaf Hagman, CEO of LeoVegas Group, said “Responsible gaming is an important priority for LeoVegas Group. We believe that our industry must take greater responsibility for contributing knowledge and facts about gambling-related problems, and learning how to minimise these issues. We are proud to be partnering with Karolinska Institutet to carry out this valuable research and hope that decision-makers and the igaming industry will be able to apply the findings in order to support more responsible gambling.’’

Philip Lindner, associate professor and research group leader at Karolinska Institutet, added “As researchers at universities, we have a duty to spread knowledge that is useful to society. This collaboration gives us a unique opportunity to study data that hasn’t previously been available for research. We hope that the collaboration will lead to new ways of identifying and helping players at risk, at the earliest possible stage.”