Press Releases
Kambi Group plc repurchase of shares during 26 December 2023 – 1 January 2024
Kambi Group plc has during the period 26 December 2023 to 1 January 2024 repurchased a total of 9,000 shares as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 19 June 2023. The objective of the buyback is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure. The programme was carried out in accordance with the Maltese Companies Act and other applicable rules.
During the period 26 December 2023 to 1 January 2024, Kambi repurchased a total of 9,000 shares at a volume-weighted average price of 166.71 SEK. From the programme start on 5 December 2023 until and including 1 January 2024, Kambi has repurchased a total of 80,600 shares at a volume-weighted average price of 161.27 SEK per share.
During the period 26 December 2023 until 1 January 2024, shares in Kambi have been repurchased as follows:
Date | Aggregated daily volume (number of shares) | Weighted average share price per day (SEK) | Total daily transaction value (SEK) |
27 December 2023 | 3,000 | 166.39 | 499,180 |
28 December 2023 | 3,000 | 167.40 | 502,210 |
29 December 2023 | 3,000 | 166.33 | 499,000 |
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 1 January 2024, Kambi’s holding of its own shares amounted to 738,592 and the total number of issued shares in Kambi is 31,278,297. In total, a maximum of 3,127,830 shares may be repurchased to a maximum amount of €2.8 million.
For information about all transactions carried out under the buyback programme, please see Nasdaq Stockholm’s website, https://www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.
Information on the buybacks is available on Kambi’s website, https://www.kambi.com/investors/share-information/.
Latest News
Golden Whale to provide ML-powered solutions to SYNOT Games
Industry-leading data science company teams up with global iGaming group to drive player engagement and game distribution
Golden Whale Productions, the market-leading data science specialist for the iGaming industry, has announced it has formed a new partnership with SYNOT Games that will utilise ML-powered solutions to enhance multiple facets of the latter’s business.
Officially signing on as a game supplier for the company, Golden Whale will use its combination of AI and machine learning systems to drive activity and game distribution across SYNOT’s customer base.
By harnessing the power of Golden Whale’s prediction models, SYNOT will be able to deploy automated systems that analyse and respond to game play data before providing recommendations for improvement, opening up a world of exciting possibilities for the company.
Armed with these ML-backed insights, SYNOT will be able to analyse user data at greater speed and on a far more granular level, with this in turn empowering the group to continue providing cutting edge solutions that are capable of scaling with the ever-growing nature of its operations.
Given SYNOT currently operates in more than 30 countries worldwide, these potential optimisations obviously have big implications for the business, both in terms of refining its product line-up and securing new partnership deals around the globe.
As such, representatives of both companies have already spoken of their excitement over what promises to be a hugely beneficial collaboration and are extremely optimistic about what they will be able to achieve together when the first wave of game specific insights have been garnered.
Eberhard Dürrschmid, Chief Executive Officer at Golden Whale, said: “Golden Whale are very happy to announce the details of our latest strategic partnership with SYNOT Games and we’re really looking forward to working alongside a business with such a strong track record in iGaming.
“It’s my firm belief that both predictive solutions and machine learning in general have an increasingly important role to play in the game development and sales process – and armed with our powerful technologies, we’re certain SYNOT will be well-placed to capitalise on this in future.”
Filip Hlaváček, Chief Product Officer at SYNOT Games, said: “At SYNOT Games we’ve long prided ourselves on adopting cutting edge technology across our games and solutions, so teaming up with a pioneering data science company like Golden Whale was an obvious fit for us.
“We believe that the insights their predictive models will provide for our business across all facets of customer engagement and game distribution will prove to be a major asset for us and we’re extremely optimistic about what we’ll be able to achieve together going forward.”
eSports
Welcome to the World Esports Championship 2024!
Today, the wait is over. After a year full of intense competition through national and regional qualifiers, dedicated training, and countless hours of preparation, the 16th World Esports Championship (WEC24) has officially kicked off! Athletes from around the world have gathered at the SEF Arena in Riyadh, Saudi Arabia, to compete for the title of World Esports Champion – a title that’s been months, if not years, in the making.
The event kicked off with thrilling opening matches, featuring the first intense map of PUBG Mobile and an exciting start to the CS2 Women’s tournament. Fans are gathering to watch their champions and get a taste of the excitement that awaits in the coming days.
Running from November 11-19, WEC24 will see top-tier competition across Counter-Strike 2, DOTA2, PUBG Mobile, and Mobile Legends Bang Bang (MLBB). Every athlete and team, national champions in their own right, will be bringing their A-game in hopes of earning the World Esports Championship title.
Now, it’s time to see who will rise to the top step of World Esports. Over the coming days, fans can look forward to matches that promise to be a real treat, Esports rivalries that define this event, as well as the powerful display of teamwork, resilience, and unity that every World Esports Championship brings.
Follow your nation, cheer for your champions, and join us in saying: Welcome to WEC24!
Latest News
Talent playbook: how organisations are failing at remote work
Logifuture, the leading iGaming PaaS (platform-as-a-service) for the worldwide iGaming industry, has continued with its growth trajectory, achieving success as a B2B provider in emerging markets.
Marvin Cuschieri, Group People and Talent officer, attributes this to some distinctive HR practices within the company that were designed specifically with betting and gaming tech talent in mind.
“It’s not a question of remote vs office-based,” he explains, “we crossed that bridge a long time ago. Remote is here to stay. And frankly, our experience and feedback show that remote work has been a resounding success, both in terms of productivity and employee satisfaction.”
“It’s not employees who are failing at remote work – it’s the organisations who are failing at it.”
Cuschieri explains that being asked to be part of a panel at this week’s SiGMA Europe conference really helped crystallise some of the ways that Logifuture is differentiating itself from the competition.
In-house employer brand expert
“I’ve been working in the tech sphere for a few years – from working for a ride-hailing app to software development – but Logifuture has been a place I’ve blossomed,” he says.
“We’re at the sweet spot – we’re no longer a start-up, but we’re also not a huge conglomerate where there are eight lines of approval to achieve anything. Both tech and the gambling industry are incredibly competitive – these men and women are given offers and approached by recruiters constantly. It’s not just about keeping them happy, it’s about giving them the best opportunity for growth, to make their mark and to work within a trusting environment.
“There’s still sometimes this narrative that things get done better or faster in the office, but that’s outdated. These are not children, they’re incredibly talented adults.”
As part of the ‘21st century approach’ to hiring and retention, Logifuture has invested a lot in its employer branding initiatives. Pushing the brand across all sorts of online and offline avenues to ensure Logifuture’s name is visible and top of mind.
“It’s not as if no one leaves us,” he says. “They do and that’s ok. If no one ever leaves an organisation, it can stagnate and you have the opposite problem of retention. But it’s about being able to listen, to pivot and to allow these talented people to go on their own journey – sometimes that’s with us and sometimes it’s not.”
To hear the rest of why Logifuture has been such a resounding success in recent years, make sure to attend the Thursday afternoon SiGMA Europe panel, Talent Playbook: From mastering remote teams to leveraging data analytics. The panel will cover, “the secrets of the modern workplace bridge remote team mastery and data analytics to transform talent strategies into a competitive edge.”
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