Acquisitions of own shares in Evolution Gaming Group AB (publ)
Evolution Gaming Group AB (publ) (“Evolution”) has, during the period 16 March 2020 – 17 March 2020, acquired a total of 338,000 own shares within the framework of the repurchase programme introduced by the board of directors to improve the capital structure of Evolution by reducing the capital, and thereby creating added shareholder value.
The repurchase programme, which Evolution announced on 16 March 2020, is being implemented in accordance with the EU Market Abuse Regulation No 596/2014 (“MAR”) and Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
During the period 16 March 2020 – 17 March 2020, shares in Evolution have been acquired as set out below.
2020-03-16
Aggregated daily volume (number of shares): 195,000
Weighted average price per day (SEK): 316.5551
Daily transaction value per day (SEK): 61,728,244.5
2020-03-17
Aggregated daily volume (number of shares): 143,000
Weighted average price per day (SEK): 320.4374
Daily transaction value per day (SEK): 45,822,548.2
All acquisitions were carried out on Nasdaq Stockholm by Carnegie Investment Bank AB (publ) on behalf of Evolution. Following the above acquisitions, Evolution’s holding of own shares amounted to 338,000 as of 17 March 2020. The total number of shares in Evolution is 181,622,725.
A full breakdown of the transactions conducted according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this press release. Since 16 March 2020 up to and including 17 March 2020, a total of 338,000 shares have been acquired within the scope of the programme. A maximum of 18,162,272 shares in total may be acquired. For information about all transactions carried out under the repurchase programme, please refer to Nasdaq Stockholm’s website, http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares.
For further information, please contact:
Jacob Kaplan, CFO, ir@evolutiongaming.com
Evolution Gaming Group AB (publ) (”Evolution”) develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with 200+ operators among its customers. The group currently employs about 8,000 people in studios across Europe and in North America. The parent company is based in Sweden and listed on Nasdaq Stockholm with the ticker EVO. Visit www.evolutiongaming.com for more information.