Kambi Group plc repurchase of shares during 27 October - 2 November, 2021

Kambi Group plc has during the period 27 October to 2 November 2021 repurchased a total of 282,500 shares as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 23 June 2021. The objective of the buyback was 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.

From the programme start on 27 October until and including 2 November, Kambi has repurchased a total of 282,500 shares at a volume-weighted average price of 224.80 SEK per share.

During the period 27 October 2021 until 2 November 2021, 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 October 2021 70,000 217.11 15,197,392
28 October 2021 77,500 224.38 17,389,520
29 October 2021 25,000 232.73 5,818,248
1 November 2021 60,000 231.44 13,886,196
2 November 2021 50,000 224.29 11,214,655

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 2 November 2021, Kambi’s holding of its own shares amounted to 282,500 and the total number of issued shares in Kambi is 31,058,797.

From the programme start on 27 October until and including 2 November, a total of 282,500 shares in Kambi have been repurchased. In total, a maximum of 3,097,570 shares may be repurchased to a maximum amount of EUR 12 million.

TAGS:

Share This Post




More News

Gambling Insider was in attendance in Nice as Ballon d’Or and Champions League-winning ex-footballer Luís Figo signed an agreement with sportsbook and iGaming supplier Digitain. Under the slogan ‘cooperating with the legend,’...






As US gaming continues to grow, the payment solutions package provided by operators has become crucial in driving retention and lifetime player value. Why?   We discuss this all-important...