Kambi Group plc (“Kambi”) has during the period 13 November to 19 November 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 105.43 SEK. From the beginning of the Programme, which started on 6 November, until and including 19 November 2024, Kambi has repurchased a total of 104,000 ordinary B shares at a volume-weighted average price of 108.77 SEK per share.
During the Buyback Period, Kambi has repurchased shares as follows:
| Date | Aggregated daily volume (number of ordinary B shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
| 13 November 2024 | 10,000 | 107.43 | 1,074,266 |
| 14 November 2024 | 10,000 | 106.34 | 1,063,418 |
| 15 November 2024 | 10,000 | 106.10 | 1,061,004 |
| 18 November 2024 | 10,000 | 104.15 | 1,041,473 |
| 19 November 2024 | 10,000 | 103.13 | 1,031,290 |
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 19 November 2024, Kambi’s holding of its own shares amounted to 1,478,678 and the total number of issued shares in Kambi is 31,278,297 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.
A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.
Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/
