Kambi Group plc repurchase of shares during 4 December – 10 December 2024
Kambi Group plc (“Kambi”) has during the period 4 December to 10 December 2024 (the “Buyback Period”) repurchased a total of 50,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (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, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.
During the Buyback Period, Kambi repurchased a total of 50,000 ordinary B shares at a volume-weighted average price of 103.64 SEK. From the beginning of the Programme, which started on 6 November, until and including 10 December 2024, Kambi has repurchased a total of 254,000 ordinary B shares at a volume-weighted average price of 106.40 SEK per share.
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 10 December 2024, Kambi’s holding of its own shares amounted to 254,000 and the total number of issued shares in Kambi is 29,903,619 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 €12.0 million.
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