Press Releases

Kambi Group plc repurchase of shares during 26 December 2023 – 1 January 2024

Published

2 years ago

January 2, 2024

Zoltan Tundik

Reading Time: 2 minutes

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/.

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Zoltan Tundik

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.