Press Releases
Better Collective issues shares to satisfy part of purchase price for RotoGrinders Network

Board of Directors issues 208,731 new ordinary shares. Reference is made to Regulatory Release 35 “Better Collective completes acquisition of remaining shareholding in RotoGrinders Network“ released on 4 November 2021.
Pursuant to the purchase agreement entered into between Better Collective USA, Inc. and the sellers regarding the remaining 40 % share stake in Rotogrinders, Better Collective has an option to deliver an amount of up to USD 13,4 million equal to 35 % of the total purchase price in shares in Better Collective A/S.
Better Collective has elected to fully utilize the option by delivering a total of 608,148 shares to the sellers. The number of shares to be delivered have been determined as the volume weighted average share price in the 10 consecutive trading days prior to the 4 November 2021. 399,419 of the shares are treasury shares acquired through Better Collective share buyback program and the remaining 208,731 shares have today been issued by the board of directors pursuant to the authorisation set out in section 4.1 of the company’s articles of association.
The shares delivered to the sellers are subject to a 12-month lock up period.
Contacts
Investor Relations: Christina Bastius Thomsen +45 2363 8844,
e-mail: [email protected]
-
Africa5 days ago
Dr. Gloria Herndon Prepares Launch of Charitable Casino Platform in Kenya, with A License Secured
-
Interviews5 days ago
Inside the Matrix: A Conversation with EveryMatrix Founders on Europe, Expansion, and Staying Hands-On
-
Compliance Updates5 days ago
WTA and ITF Publish Season-wide Online Abuse and Threat Report
-
Industry Awards5 days ago
Kaizen Gaming’s Betano Recognised as Brand of the Year at the EGR Marketing & Innovation Awards 2025
-
Industry News5 days ago
SOFTSWISS Takes Home Four Awards In One Night
-
Latest News5 days ago
Logifuture appoints Khoren Kalashyan to accelerate global rollout of flagship virtual products
-
Africa4 days ago
pawaTech strengthens its integrity commitment with membership of the International Betting Integrity Association
-
Baltics4 days ago
Estonian start-up vows to revolutionise iGaming customer support with AI