The board of directors of Evolution Gaming Group AB (publ) has resolved on acquisitions of own shares
The board of directors of Evolution Gaming Group AB (publ) has, based on the authorisation from the annual general meeting 2019, resolved that the company shall acquire own shares on Nasdaq Stockholm. The purpose of acquisitions of own shares shall be to improve the capital structure of the company by reducing the capital, and thereby creating added shareholder value.
The repurchase programme will be implemented in accordance with the EU Market Abuse Regulation No 596/2014 (“MAR”) and Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
Terms and conditions for acquisitions of own shares
According to the board of directors’ resolution, any acquisition of own shares shall be made on Nasdaq Stockholm in accordance with Nasdaq Stockholm’s Rule Book for Issuers and the following terms and conditions.
- Acquisitions may be made on one or several occasions on or before 24 March 2020.
- The maximum amount for which shares may be acquired may not exceed EUR 10 million.
- Acquisitions shall be made at a price within the registered price interval of the share at any given time.
- Acquired shares shall be paid in cash.
Total number of shares in the company and the company’s holding of own shares
In accordance with the authorisation from the annual general meeting 2019 the company’s holding of own shares shall not at any given time exceed 10 per cent of all shares in the company. As of today, the total number of shares in the company is 181,622,725 shares. The company does not hold any own shares, which means that a maximum amount of 18,162,272 shares may be repurchased under the authorisation.
Reporting of completed acquisitions of own shares
Completed acquisitions of own shares will be reported in accordance with applicable laws and regulations as well as Nasdaq Stockholm’s Rule Book for Issuers.
For investor enquiries, please contact:
Jacob Kaplan, CFO, email@example.com
This information is such that Evolution Gaming Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, under the agency of the contact person set out above, on 16 March 2020, at 9.30 am CET.
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.