Share repurchases in Raketech between 14-19 June 2019
During the period 14 June 2019 to 19 June 2019, Raketech Group Holding P.L.C. (LEI code: 48510000OEBNE6ZZRY63) (”Raketech”) has repurchased in total 156,000 own shares (ISIN: MT0001390104). The share repurchases have been carried out within the buy-back programme that was announced on 5 June 2019.
The buy-back programme runs between 5 June 2019 and 4 May 2020 and is carried out in accordance with the Market Abuse Regulation (EU) 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) 2016/1052 (“Safe Harbour Regulation”).
During the period 14 June 2019 until 19 June 2019, shares in Raketech have been repurchased as follows.
Date | Aggregated daily volume (number of shares) | Weighted average share price per day (SEK) | Total daily transaction value (SEK) |
14 June 2019 | 36,000 | 19.5546 | 703,966 |
17 June 2019 | 34,000 | 19.6993 | 669,776 |
18 June 2019 | 42,000 | 19.2720 | 809,424 |
19 June 2019 | 44,000 | 19.5013 | 858,057 |
All acquisitions have been carried out on Nasdaq First North by ABG Sundal Collier on behalf of Raketech. Following the above acquisitions, Raketech’s holding of own shares amounts to 341,000 shares as of 20 June 2019. The total number of shares in Raketech amounts to 37,900,663.
A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this press release. Since 7 June 2019 up until 19 June 2019, a total of 341,000 shares in Raketech have been repurchased within the programme. In total, a maximum of 3,790,063 shares may be repurchased to a maximum amount of SEK 113 million. For information about all transactions in the buy-back program see the following link to Nasdaq First North's website:
For more information, please contact Andreas Kovacs, CFO, investor@raketech.com
This information is such that Raketech Group Holding P.L.C. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8.50 CEST on 20 June 2019.
About Raketech Group
Raketech is a leading online affiliate and content marketing company, with expertise in delivering comparison services for sports and gaming, online guides, communities and social media products in primarily the Nordic region and the UK. Through some 20 flagship brands, Raketech guides sports and gaming enthusiasts to the best possible services, while also delivering high-quality traffic and leads to its partners. Raketech grows both organically and via acquisitions and operates its business in accordance with a clear framework for responsible affiliate marketing services. The company’s shares are listed in Nasdaq First North Premier with ticker RAKE. Erik Penser Bank AB is the company’s Certified Adviser (certifiedadviser@penser.se / +46 8 463 83 00). For more information, visit www.raketech.com.