Press Releases

Kambi Group plc repurchase of shares during 29 April – 3 May 2024

Published

9 months ago

May 6, 2024

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital.

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Kambi Group plc (“Kambi”) has during the period 29 April to 3 May 2024 (the “Buyback Period”) repurchased a total of 55,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 19 June 2023 (the “Programme”).

The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, the EU Market Abuse Regulation No 596/2014 (“MAR”), Commission Delegated Regulation (EU) No 2016/1052 (“Safe Harbour Regulation”) and other applicable rules.

During the Buyback Period, Kambi repurchased a total of 55,000 ordinary B shares at a volume-weighted average price of 99.16 SEK. From the beginning of the Programme, which started on 18 March, until and including 3 May 2024, Kambi has repurchased a total of 322,086 ordinary B shares at a volume-weighted average price of 92.87 SEK per share.

During the Buyback Period, Kambi has repurchased shares as follows:

Date	Aggregated daily volume (number of ordinary B shares)	Weighted average share price per day (SEK)	Total daily transaction value (SEK)
29 April 2024	10,000	96.73	967,274
30 April 2024	10,000	100.53	1,005,343
2 May 2024	20,000	99.41	1,988,268
3 May 2024	15,000	99.54	1,493,090

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 3 May 2024, Kambi’s holding of its own shares amounted to 1,217,678 and the total number of issued shares in Kambi is 31,278,297 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €4.0 million.

A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.

Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/

Related Topics:Kambi Group Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB repurchase of shares

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